Market Matters Blog
DTN Weekly DDG Price Slightly Lower on Average
MINNEAPOLIS (DTN) -- The DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended Oct. 16 was $145 per ton on average, down $1 versus one week ago.
DDG prices were mixed but slightly lower on average for the week, while the cash corn price was higher versus last week. Ethanol plant production was higher again so DDG supplies should be plentiful enough to meet any spot demand. The DTN National Average Corn Index was up 3 cents versus one week ago.
Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended Oct. 16 was 0.963%. The value of DDG relative to soybean meal was 52.37% and the cost per unit of protein for DDG was $5.37 compared to the cost per unit of protein for soybean meal at $5.83.
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U.S. Grains Council, in its weekly distillers dried grains with solubles (DDGS) export market prices report, showed as of Oct. 16, CIF NOLA barge price was up $7 at $214 metric ton (mt); FOB vessel Gulf price was steady at $227 mt; rail delivered PNW was down $4 at $232; and rail delivered to California was down $2 at $224 mt. The Mississippi River at Memphis is at -8.17 feet below zero gauge and draft restrictions of 9'6" are in place. USCG also restricted traffic to one way up or down river at MM709 to MM711.
The Energy Information Administration reported on Wednesday for the week ended Oct. 10, overall ethanol production in the United States averaged 1.074 million barrels per day (bpd), up 3,000 bpd versus last week and 32,000 bpd, or 3%, higher than in the same week last year. Four-week average output at 1.041 million bpd was 19,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.024 million bpd, down 1,000 bpd versus last week and 39,000 bpd, or 3.8%, higher than in the same week last year. Four-week average output at 988,000 bpd was 24,000 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 | 10/16/2025 | 10/9/2025 | ||
| Bartlett and Company, Kansas City, MO (816 714 3413) | |||||
| Missouri | Dry | $155 | $155 | $0 | |
| Wet | $80 | $80 | $0 | ||
| Show Me Ethanol LLC, Carrollton, MO (660-542-6493) | |||||
| Dry | $155 | $155 | $0 | ||
| Wet | $80 | $80 | $0 | ||
| CHS, Minneapolis, MN (800-769-1066) | |||||
| Illinois | Dry | $150 | $150 | $0 | |
| Indiana | Dry | $132 | $135 | -$3 | |
| Iowa | Dry | $130 | $130 | $0 | |
| Michigan | Dry | $145 | $145 | $0 | |
| Minnesota | Dry | $130 | $130 | $0 | |
| New York | Dry | $165 | $165 | $0 | |
| South Dakota | Dry | $130 | $135 | -$5 | |
| POET Nutrition, Sioux Falls, SD (888-327-8799) | |||||
| Indiana | Dry | $165 | $165 | $0 | |
| Iowa | Dry | $142 | $142 | $0 | |
| Michigan | Dry | $165 | $165 | $0 | |
| Minnesota | Dry | $142 | $142 | $0 | |
| Missouri SUBJ | Dry | $160 | $160 | $0 | |
| Ohio | Dry | $165 | $165 | $0 | |
| South Dakota SUBJ | Dry | $145 | $145 | $0 | |
| Nebraska SUBJ | Dry | $150 | $150 | $0 | |
| United BioEnergy, Wichita, KS (316-616-3521) | |||||
| Kansas | Dry | $160 | $160 | $0 | |
| Wet | $50 | $60 | -$10 | ||
| Ill SOLD OUT Oct | Dry | $155 | $155 | $0 | |
| Nebraska | Dry | $155 | $155 | $0 | |
| Wet | $50 | $50 | $0 | ||
| U.S. Commodities, Minneapolis, MN (888-293-1640) | |||||
| Illinois | Dry | $142 | $142 | $0 | |
| Indiana | Dry | $138 | $138 | $0 | |
| Iowa | Dry | $135 | $135 | $0 | |
| Michigan | Dry | $140 | $140 | $0 | |
| Minnesota | Dry | $130 | $130 | $0 | |
| Nebraska | Dry | $140 | $140 | $0 | |
| New York | Dry | $155 | $155 | $0 | |
| North Dakota | Dry | $135 | $135 | $0 | |
| Ohio | Dry | $145 | $145 | $0 | |
| South Dakota | Dry | $135 | $135 | $0 | |
| Wisconsin | Dry | $135 | $135 | $0 | |
| Fox River Valley Ethanol, Oshkosh WI 715-709-0269 | |||||
| FOB Pickett | Dry | $130 | $130 | $0 | |
| Western Kansas | |||||
| Dry | $178 | $185 | -$7 | ||
| Wet | $55 | $60 | -$5 | ||
| Western Milling | |||||
| California | Dry | $208 | $208 | $0 | |
| **Weekly Average: | $145 | $146 | -$1 | ||
| (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 | 10/16/2025 | $4.2175 | $150.6250 |
| Soybean Meal | 10/16/2025 | $276.90 | |
| DDG Weekly Average Spot Price | 10/16/2025 | $145.00 | |
| DDG Value Relative to: | 10/16 | 10/9 | |
| Corn | 0.963% | 0.977% | |
| Soybean Meal | 52.37% | 52.73% | |
| Cost Per Unit of Protein: | |||
| DDG | 5.37 | 5.41 | |
| Soybean Meal | 5.83 | 5.83 | |
| 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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