MINNEAPOLIS (DTN) -- The average DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended Sept. 3 was $179 per short ton on average, up $5 versus one week ago. Supplies remain tight as production slowed last week.
DDG prices were higher again on average and the cash corn price was higher versus one week ago. The DTN National Average Corn Index was up 11 cents per bushel, while soybean meal prices were also higher, up $14.60 per short ton versus one week ago.
Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended Sept. 3 was 0.927%. The value of DDG relative to soybean meal was 50.35% and the cost per unit of protein for DDG was $6.63 compared to the cost per unit of protein for soybean meal at $7.48.
U.S. Grains and Bioproducts Council in its weekly distillers dried grains with solubles (DDGS) export market prices report, showed higher September prices as of Sept. 3: CIF NOLA barge price was up $23 at $269 metric ton (mt) versus one week ago; FOB vessel Gulf price was up $27 at $275 mt; rail delivered PNW was up $22 at $308; and rail delivered to California was up $19 at $300 mt.
Ethanol production in the United States averaged 1.11 million barrels per day (bpd) in the week ended Aug. 28, the Energy Information Administration reported Wednesday. That's down 2,000 bpd week-on-week and 35,000 bpd, or 3.3%, higher than in the same week last year. Four-week average output at 1.107 million bpd was 30,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.053 million bpd, down 9,000 bpd week-on-week and 32,000 bpd, or 3.1%, higher than in the same week last year. Four-week average output at 1.051 million bpd was 29,000 bpd above the same four weeks last year.
Note: All prices subject to change/confirmation.
| ALL PRICES SUBJECT TO CONFIRMATION |
CURRENT |
CURRENT |
CHANGE |
| COMPANY |
STATE |
|
0/03/2026 |
8/27/2026 |
|
| Bartlett and Company, Kansas City, MO (816 714 3413) |
|
|
| |
Missouri |
Dry |
$190 |
$190 |
$15 |
| |
|
Wet |
$90 |
$90 |
$0 |
| |
|
|
|
|
|
| Show Me Ethanol LLC, Carrollton, MO (660-542-6493) |
|
|
| |
|
Dry |
$185 |
$170 |
$15 |
| |
|
Wet |
$90 |
$75 |
$15 |
| |
|
|
|
|
|
| CHS, Minneapolis, MN (800-769-1066) |
|
|
|
| |
Illinois |
Dry |
$197 |
$195 |
$2 |
| |
Indiana |
Dry |
$175 |
$170 |
$5 |
| |
Iowa |
Dry |
$170 |
$160 |
$10 |
| |
Michigan |
Dry |
$180 |
$175 |
$5 |
| |
Minnesota |
Dry |
$170 |
$158 |
$12 |
| |
New York |
Dry |
$190 |
$185 |
$5 |
| |
South Dakota |
Dry |
$185 |
$175 |
$10 |
| |
|
|
|
|
|
| |
|
|
|
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| |
|
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| |
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| |
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|
| POET Nutrition, Sioux Falls, SD (888-327-8799) |
|
|
| |
Indiana |
Dry |
$200 |
$190 |
$10 |
| |
Iowa |
Dry |
$195 |
$185 |
$10 |
| |
Michigan |
Dry |
$200 |
$190 |
$10 |
| |
Minnesota |
Dry |
$190 |
$180 |
$10 |
| |
Missouri |
Dry |
$210 |
$205 |
$5 |
| |
Ohio |
Dry |
$200 |
$190 |
$10 |
| |
South Dakota |
Dry |
$195 |
$190 |
$5 |
| |
Nebraska |
Dry |
$215 |
$210 |
$5 |
| United BioEnergy, Wichita, KS (316-616-3521) |
|
|
| |
Kansas |
Dry |
$180 |
$170 |
$10 |
| |
|
Wet |
$65 |
$65 |
$0 |
| |
Ill Limited supply |
Dry |
$193 |
$193 |
$0 |
| |
Nebraska |
Dry |
$170 |
$170 |
$0 |
| |
|
Wet |
$65 |
$65 |
$0 |
| |
|
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| |
|
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|
|
| U.S. Commodities, Minneapolis, MN (888-293-1640) |
|
|
| |
Illinois |
Dry |
$165 |
$165 |
$0 |
| |
Indiana |
Dry |
$155 |
$155 |
$0 |
| |
Iowa |
Dry |
$150 |
$150 |
$0 |
| |
Michigan |
Dry |
$150 |
$150 |
$0 |
| |
Minnesota |
Dry |
$155 |
$155 |
$0 |
| |
Nebraska |
Dry |
$175 |
$175 |
$0 |
| |
New York |
Dry |
$170 |
$170 |
$0 |
| |
North Dakota |
Dry |
$170 |
$170 |
$0 |
| |
Ohio |
Dry |
$145 |
$145 |
$0 |
| |
South Dakota |
Dry |
$170 |
$170 |
$0 |
| |
Wisconsin |
Dry |
$135 |
$135 |
$0 |
| |
|
|
|
|
|
| Fox River Valley Ethanol, Oshkosh WI 715-709-0269 |
|
|
| |
FOB Pickett |
Dry |
$160 |
$155 |
$5 |
| Western Kansas |
|
|
|
|
| |
|
Dry |
$225 |
$225 |
$0 |
| |
|
Wet |
$82 |
$82 |
$0 |
| Western Milling |
|
|
|
|
| |
California |
Dry |
$278 |
$276 |
$2 |
| |
|
|
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| |
|
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|
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| |
|
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|
| **Weekly Average: |
|
$179 |
$174 |
$5 |
| (Prices listed per ton) |
|
|
|
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| |
|
|
|
|
|
| **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. |
|
|
NOTE: DDG table uses the futures with the highest volume: Currently DEC
| VALUE OF DDG VS. CORN & SOYBEAN MEAL |
|
|
| |
|
|
|
| Settlement Price: |
Quote Date |
Bushel |
Short Ton |
| Corn |
9/3/2026 |
$5.4075 |
$193.1250 |
| Soybean Meal |
9/3/2026 |
|
$355.50 |
| DDG Weekly Average Spot Price |
9/3/2026 |
|
$179.00 |
| |
|
|
|
| DDG Value Relative to: |
|
9/3 |
8/27 |
| Corn |
|
0.927% |
0.913% |
| Soybean Meal |
|
50.35% |
51.04% |
| |
|
|
|
| Cost Per Unit of Protein: |
|
|
|
| DDG |
|
$6.63 |
6.44 |
| Soybean Meal |
|
$7.48 |
7.18 |
| 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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