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Market Matters Blog 07/18 13:17
DTN Weekly Average DDG Price Lower
DTN's weekly average spot price for domestic distillers dried grains is
lower versus one week ago.
Mary Kennedy
DTN Basis Analyst
MINNEAPOLIS (DTN) -- The DTN spot price for domestic distillers dried grains
(DDG) from 33 locations reporting for the week ended July 17 was $144 per ton
on average, $1 lower versus one week ago.
DDG prices were mixed for the week, but lower on average. The cash corn and
soybean meal prices recovered a little this week, but merchandisers noted that
spot demand has been slow. DTN's National Average Corn Index is up 4 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 July 17 was 1.003%. The value of DDG relative to
soybean meal was 53.59% and the cost per unit of protein for DDG was $5.33
compared to the cost per unit of protein for soybean meal at $5.66.
U.S. Grains Council, in its weekly distillers dried grains with solubles
(DDGS) August export market prices report, showed as of July 17, CIF NOLA barge
price was up $10 at $216 metric ton (mt); FOB vessel Gulf price was up $5 at
$226 mt; rail delivered PNW was up $8 at $241; and rail delivered to California
was up $6 at $231 mt.
The Energy Information Administration reported Wednesday for the week ended
July 11 ethanol production was 0.2% higher at 1.09 million barrels per day
(bpd), equivalent to 45.65 million gallons daily. Production was 1.7% lower
than the same week last year but 1.6% above the 3-year average for the week.
Midwest ethanol production averaged 1.028 million bpd, down 2,000 bpd versus
last week and 7,000 bpd, or 0.7%, lower than in the same week last year.
Four-week average output at 1.024 million bpd was 1,000 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 7/17/2025 7/10/2025
Bartlett and Company, Kansas City, MO (816 714 3413)
Missouri Dry $147 $147 $0
Wet $78 $78 $0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
Dry $150 $150 $0
Wet $75 $75 $0
CHS, Minneapolis, MN (800-769-1066)
Illinois Dry $148 $148 $0
Indiana Dry $133 $133 $0
Iowa Dry $135 $135 $0
Michigan Dry $143 $142 $1
Minnesota Dry $135 $130 $5
New York Dry $152 $152 $0
South Dakota Dry $135 $135 $0
POET Nutrition, Sioux Falls, SD (888-327-8799)
Indiana Dry $170 $172 -$2
Iowa Dry $145 $150 -$5
Michigan Dry $172 $175 -$3
Minnesota Dry $145 $150 -$5
Missouri Dry $158 $155 $3
Ohio Dry $170 $172 -$2
South Dakota Dry $140 $145 -$5
Nebraska Dry $145 $145 $0
United BioEnergy, Wichita, KS (316-616-3521)
Kansas Dry $145 $150 -$5
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 $138 $142 -$4
Iowa Dry $135 $135 $0
Michigan Dry $142 $142 $0
Minnesota Dry $133 $133 $0
Nebraska Dry $142 $142 $0
New York Dry $150 $150 $0
North Dakota Dry $130 $130 $0
Ohio Dry $142 $142 $0
South Dakota Dry $125 $125 $0
Wisconsin Dry $135 $135 $0
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
FOB Pickett Dry $145 $145 $0
Western Kansas
Dry $168 $168 $0
Wet $65 $65 $0
Western Milling
California Dry $215 $219 -$4
**Weekly Average: $144 $145 -$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 7/17/2025 $4.0200 $143.5714
Soybean Meal 7/17/2025 $268.70
DDG Weekly Average Spot Price 7/17/2025 $144.00
DDG Value Relative to: 7/17 7/10
Corn 1.003% 0.997%
Soybean Meal 53.59% 54.00%
Cost Per Unit of Protein:
DDG 5.33 5.37
Soybean Meal 5.66 5.65
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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