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Market Matters Blog 09/11 12:01
DTN Weekly DDG Average Price Higher Again
DTN's weekly average spot price for domestic distillers dried grains is
higher 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 Sept. 10 was
$181 per short ton on average, up $3 versus one week ago.
DDG prices were mixed but higher on average, while the cash corn price was
lower versus one week ago. The DTN National Average Corn Index was down 6 cents
per bushel, while soybean meal prices were higher, up $1.40 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. 10 was 0.950%. The value of DDG relative to
soybean meal was 50.71% and the cost per unit of protein for DDG was $6.70
compared to the cost per unit of protein for soybean meal at $7.51.
U.S. Grains and Bioproducts Council in its weekly distillers dried grains
with solubles (DDGS) export market prices report showed September prices as of
Sept. 10: CIF NOLA barge price was up $4 at $273 metric ton (mt) versus one
week ago; FOB vessel Gulf price was up $7 at $282 mt; rail delivered PNW was
down $5 at $308; and rail delivered to California was down $4 at $296 mt.
The Energy Information Administration reported on Thursday (9/10) that
overall ethanol production in the United States averaged 1.099 million bpd in
the week ending September 4, down 11,000 bpd week-on-week and 6,000 bpd, or
0.5% lower than in the same week last year. Four-week average output at 1.102
million bpd was 22,000 bpd above the same four weeks last year. Midwest ethanol
production averaged 1.038 million bpd, down 15,000 bpd week-on-week and 9,000
bpd, or 0.9% lower than in the same week last year. Four-week average output at
1.046 million bpd was 20,000 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 9/10/2026 9/3/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
Missouri Dry $190 $190 $0
Wet $90 $90 $0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
Dry $185 $185 $0
Wet $95 $90 $5
CHS, Minneapolis, MN (800-769-1066)
Illinois Dry $195 $197 -$2
Indiana Dry $170 $175 -$5
Iowa Dry $170 $170 $0
Michigan Dry $180 $180 $0
Minnesota Dry $170 $170 $0
New York Dry $190 $190 $0
South Dakota Dry $185 $185 $0
POET Nutrition, Sioux Falls, SD (888-327-8799)
Indiana Dry $200 $200 $0
Iowa Dry $200 $195 $5
Michigan Dry $200 $200 $0
Minnesota Dry $200 $190 $10
Missouri Dry $210 $210 $0
Ohio Dry $200 $200 $0
South Dakota Dry $197 $195 $2
Nebraska Dry $215 $215 $0
United BioEnergy, Wichita, KS (316-616-3521)
Kansas Dry $195 $180 $15
Wet $65 $65 $0
Ill Limited supply Dry $195 $193 $2
Nebraska Dry $185 $170 $15
Wet $65 $65 $0
U.S. Commodities, Minneapolis, MN (888-293-1640)
Illinois Dry $165 $165 $0
Indiana Dry $160 $155 $5
Iowa Dry $155 $150 $5
Michigan Dry $160 $150 $10
Minnesota Dry $155 $155 $0
Nebraska Dry $175 $175 $0
New York Dry $170 $170 $0
North Dakota Dry $170 $170 $0
Ohio Dry $150 $145 $5
South Dakota Dry $170 $170 $0
Wisconsin Dry $145 $135 $10
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
FOB Pickett Dry $160 $160 $0
Western Kansas
Dry $225 $225 $6
Wet $83 $82 $1
Western Milling
California Dry $278 $278 $0
**Weekly Average: $181 $179 $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.
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 9/10/2026 $5.3375 $190.6250
Soybean Meal 9/10/2026 $356.90
DDG Weekly Average Spot Price 9/10/2026 $181.00
DDG Value Relative to: 9/10 9/3
Corn 0.950% 0.927%
Soybean Meal 50.71% 50.35%
Cost Per Unit of Protein:
DDG $6.70 $6.63
Soybean Meal $7.51 $7.48
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
(c) Copyright 2026 DTN, LLC. All rights reserved.
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