Market Matters Blog
DTN Weekly Average DDG Price Lower
MINNEAPOLIS (DTN) -- The DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended July 10 was $145 per ton on average, $3 lower versus one week ago.
DDG prices were mixed for the week, but lower on average. The lower cash corn and soybean meal prices added pressure to the DDG prices, with some DDG prices showing deep discounts versus last week. DTN's National Average Corn Index is down 18 cents versus one week ago.
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Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended July 10 was .997%. The value of DDG relative to soybean meal was 54.00% and the cost per unit of protein for DDG was $5.37 compared to the cost per unit of protein for soybean meal at $5.65. (Table is still using July futures.)
U.S. Grains Council, in its weekly distillers dried grains with solubles (DDGS) July export market prices report, showed as of July 10, CIF NOLA barge price was down $1 at $210 metric ton (mt); FOB vessel Gulf price was down $2 at $226 mt; rail delivered PNW was down $4 at $239; and rail delivered to California was down $4 at $229 mt.
The Energy Information Administration reported Wednesday for the week ending July 3, overall ethanol production in the United States averaged 1.085 million bpd, up 9,000 bpd week-on-week and 21,000 bpd, or 1.9% lower than in the same week last year. The four-week average output at 1.088 million bpd was 21,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.03 million bpd, up 14,000 bpd week-on-week and 16,000 bpd, or 1.6% lower than in the same week last year. The four-week average output at 1.03 million bpd was 19,000 bpd above the same four weeks last year.
Note: All prices subject to change/confirmation.
| ALL PRICES SUBJECT TO CONFIRMATION | CURRENT | PREVIOUS | CHANGE | ||
| COMPANY | STATE | 7/10/2025 | 7/2/2025 | ||
| Bartlett and Company, Kansas City, MO (816 714 3413) | |||||
| Missouri | Dry | $147 | $150 | -$3 | |
| Wet | $78 | $80 | -$2 | ||
| Show Me Ethanol LLC, Carrollton, MO (660-542-6493) | |||||
| Dry | $150 | $155 | -$5 | ||
| Wet | $75 | $75 | $0 | ||
| CHS, Minneapolis, MN (800-769-1066) | |||||
| Illinois | Dry | $148 | $150 | -$2 | |
| Indiana | Dry | $133 | $135 | -$3 | |
| Iowa | Dry | $135 | $140 | -$5 | |
| Michigan | Dry | $143 | $145 | -$2 | |
| Minnesota | Dry | $135 | $135 | $0 | |
| New York | Dry | $152 | $158 | -$6 | |
| South Dakota | Dry | $135 | $135 | $0 | |
| POET Nutrition, Sioux Falls, SD (888-327-8799) | |||||
| Indiana | Dry | $172 | $172 | $0 | |
| Iowa | Dry | $150 | $150 | $0 | |
| Michigan | Dry | $175 | $175 | $0 | |
| Minnesota | Dry | $150 | $150 | $0 | |
| Missouri | Dry | $155 | $155 | $0 | |
| Ohio | Dry | $172 | $172 | $0 | |
| South Dakota | Dry | $145 | $150 | -$5 | |
| Nebraska | Dry | $145 | $145 | $0 | |
| United BioEnergy, Wichita, KS (316-616-3521) | |||||
| Kansas | Dry | $150 | $150 | $0 | |
| Wet | $50 | $50 | $0 | ||
| Illinois NO JULY | Dry | $0 | $0 | $0 | |
| Nebraska | Dry | $140 | $140 | $0 | |
| Wet | $45 | $45 | $0 | ||
| U.S. Commodities, Minneapolis, MN (888-293-1640) | |||||
| Illinois | Dry | $143 | $143 | $0 | |
| Indiana | Dry | $142 | $142 | $0 | |
| Iowa | Dry | $135 | $135 | $0 | |
| Michigan | Dry | $142 | $142 | $0 | |
| Minnesota | Dry | $133 | $135 | -$3 | |
| Nebraska | Dry | $142 | $152 | -$10 | |
| New York | Dry | $150 | $160 | -$10 | |
| North Dakota | Dry | $130 | $150 | -$20 | |
| Ohio | Dry | $142 | $142 | $0 | |
| South Dakota | Dry | $125 | $145 | -$20 | |
| Wisconsin | Dry | $135 | $135 | $0 | |
| Fox River Valley Ethanol, Oshkosh WI 715-709-0269 | |||||
| FOB PickettNO OFFER | Dry | $145 | $150 | -$5 | |
| Western Kansas | |||||
| Dry | $168 | $178 | -$10 | ||
| Wet | $65 | $68 | -$3 | ||
| Western Milling | |||||
| California | Dry | $219 | $219 | $0 | |
| **Weekly Average: | $145 | $148 | -$3 | ||
| (Prices listed per ton) | |||||
| **The weekly average prices above reflect only those companies DTN | |||||
| collects spot prices from. States include: Missouri, Iowa, Nebraska, | |||||
| Kansas, Illinois, Minnesota, North Dakota, South Dakota, Michigan, | |||||
| Wisconsin and Indiana. Prices for Pennsylvania, New York and | |||||
| California are not included in the averages. | |||||
| VALUE OF DDG VS. CORN & SOYBEAN MEAL | |||
| Settlement Price: | Quote Date | Bushel | Short Ton |
| Corn | 7/10/2025 | $4.0725 | $145.4464 |
| Soybean Meal | 7/10/2025 | $268.50 | |
| DDG Weekly Average Spot Price | 7/10/2025 | $145.00 | |
| DDG Value Relative to: | 7/10 | 7/3 | |
| Corn | 0.997% | 0.960% | |
| Soybean Meal | 54.00% | 54.05% | |
| Cost Per Unit of Protein: | |||
| DDG | 5.37 | 5.48 | |
| Soybean Meal | 5.65 | 5.76 | |
| Notes: | |||
| Corn and soybean prices taken from DTN Market Quotes. DDG price | |||
| represents the average spot price from Midwest companies | |||
| collected on Thursday afternoons. Soybean meal cost per unit | |||
| of protein is cost per ton divided by 47.5. DDG cost per unit | |||
| of protein is cost per ton divided by 27. | |||
Mary Kennedy can be reached at mary.kennedy@dtn.com
Follow her on the social platform X @MaryCKenn
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