Market Matters Blog           06/05 12:30

   DTN Weekly Average DDG Price Drops

   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 average DTN spot price for domestic distillers 
dried grains (DDG) from 33 locations reporting for the week ended June 4 was 
$174 per ton on average, down $8 on average versus one week ago. One 
merchandiser told DTN, "Freight costs are going up everywhere and hurting plant 
FOB values."

   DDG prices were lower on average for the week with some plants posting 
sharply lower prices. The cash corn price was lower and soybean meal prices 
were lower versus one week ago, down $20.40 per ton. As for cash corn, the DTN 
National Average Corn Index was down 28 cents per bushel versus one week ago. 
Since the middle of May, the corn futures have dropped 57 cents, adding 
pressure on DDG.

   Based on the average of prices collected by DTN, the value of DDG relative 
to corn for the week ended June 4 was 1.148%. The value of DDG relative to 
soybean meal was 55.47% and the cost per unit of protein for DDG was $6.44 
compared to the cost per unit of protein for soybean meal at $6.60.

   U.S. Grains and Bioproducts Council, in its weekly distillers dried grains 
with solubles (DDGS) export market prices report, showed these July prices as 
of June 4: CIF NOLA barge price was down $8 at $240 metric ton (mt) versus on 
week ago; FOB vessel Gulf price was down $2 at $260 mt; rail delivered PNW was 
down $24 at $251; and rail delivered to California was down $28 at $250 mt.

   Ethanol production in the United States averaged 1.108 million barrels per 
day (bpd) in the week ended May 29, up 19,000 bpd week-on-week and 3,000 bpd, 
or 0.3% higher than in the same week last year, the Energy Information 
Administration reported Wednesday. Four-week average output at 1.097 million 
bpd was 49,000 bpd above the same four weeks last year. Midwest ethanol 
production averaged 1.047 million bpd, up 12,000 bpd week-on-week and in line 
with year-ago levels. Four-week average output at 1.04 million bpd was 50,000 
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                       6/4/2026       5/28/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
             Missouri              Dry   $185           $190          -$5
                                   Wet   $90            $95           -$5
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
                                   Dry   $175           $185          -$10
                                   Wet   $75            $85           -$10
CHS, Minneapolis, MN (800-769-1066)
             Illinois              Dry   $180           $190          -$10
             Indiana               Dry   $160           $170          -$10
             Iowa                  Dry   $165           $172          -$7
             Michigan              Dry   $167           $175          -$8
             Minnesota             Dry   $163           $170          -$7
             New York              Dry   $195           $195          $0
             South Dakota          Dry   $170           $180          -$10
POET Nutrition, Sioux Falls, SD (888-327-8799)
             Indiana               Dry   $196           $201          -$5
             Iowa                  Dry   $185           $185          $0
             Michigan              Dry   $196           $201          -$5
             Minnesota             Dry   $185           $185          $0
             Missouri              Dry   $200           $200          $0
             Ohio                  Dry   $196           $201          -$5
             South Dakota          Dry   $185           $185          $0
             Nebraska              Dry   $185           $185          $0
United BioEnergy, Wichita, KS (316-616-3521)
             Kansas                Dry   $185           $185          $0
                                   Wet   $68            $68           $0
             Ill NO JUNE           Dry   $190           $195          -$5
             Nebraska              Dry   $180           $180          $0
                                   Wet   $70            $75           -$5
U.S. Commodities, Minneapolis, MN (888-293-1640)
             Illinois              Dry   $175           $195          -$20
             Indiana               Dry   $160           $180          -$20
             Iowa                  Dry   $155           $165          -$10
             Michigan              Dry   $155           $170          -$15
             Minnesota             Dry   $150           $165          -$15
             Nebraska              Dry   $160           $170          -$10
             New York              Dry   $185           $200          -$15
             North Dakota          Dry   $145           $165          -$20
             Ohio                  Dry   $160           $175          -$15
             South Dakota          Dry   $150           $165          -$15
             Wisconsin             Dry   $145           $160          -$15
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
             FOB Pickett           Dry   $165           $165          $0
Western Kansas
                                   Dry   $230           $230          $0
                                   Wet   $72            $72           $0
Western Milling
             California            Dry   $260           $263          -$3
**Weekly Average:                        $174           $182          -$8
(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                                      6/4/2026      $4.2450   $151.6072
Soybean Meal                              6/4/2026                $313.70
DDG Weekly Average Spot Price             6/4/2026                $174.00
DDG Value Relative to:                                  6/4       5/28
Corn                                                    1.148%    1.118%
Soybean Meal                                            55.47%    54.47%
Cost Per Unit of Protein:
DDG                                                     $6.44     $6.74
Soybean Meal                                            $6.60     $7.03
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 social platform X @MaryCKenn

    




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