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Market Matters Blog 03/27 11:59
DTN Weekly Average DDG Price Up $2 Per Ton
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 March 26 was
$182 per ton on average, up $2 versus one week ago.
DDG prices were mixed but higher on average again for the week, but the cash
corn and soybean meal prices were lower. Soybean meal prices were down $10.40
versus one week ago. As for cash corn, the DTN National Average Corn Index was
down 3 cents versus one week ago. One merchandiser mentioned that domestic and
export demand remains good.
Based on the average of prices collected by DTN, the value of DDG relative
to corn for the week ended March 26 was 1.091%. The value of DDG relative to
soybean meal was 56.50% and the cost per unit of protein for DDG was $6.74
compared to the cost per unit of protein for soybean meal at $6.78.
U.S. Grains and Bioproducts Council, in its weekly distillers dried grains
with solubles (DDGS) export market prices report, showed these April prices as
of March 26: CIF NOLA barge price was up $1 at $250 metric ton (mt) versus on
week ago; FOB vessel Gulf price was up $8 at $268 mt; rail delivered PNW was up
$9 at $279; and rail delivered to California was up $7 at $272 mt.
The Energy Information Administration reported on Wednesday that overall,
ethanol production in the United States averaged 1.116 million barrels per day
(bpd) in the week ended March 20, up 23,000 bpd week-on-week and 53,000 bpd, or
5%, higher than in the same week last year. Four-week average output at 1.108
million bpd was 29,000 bpd above the same four weeks last year. Midwest ethanol
production averaged 1.061 million bpd, up 26,000 bpd week-on-week and 51,000
bpd, or 5%, higher than in the same week last year. Four-week average output at
1.054 million bpd was 27,000 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 3/26/2026 3/19/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
Missouri Dry $185 $180 $5
Wet $100 $100 $0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
Dry $185 $185 $0
Wet $100 $100 $0
CHS, Minneapolis, MN (800-769-1066)
Illinois Dry $195 $195 $0
Indiana Dry $175 $175 $0
Iowa Dry $168 $168 $0
Michigan Dry $170 $170 $0
Minnesota Dry $158 $158 $0
New York Dry $195 $195 $0
South Dakota Dry $180 $170 $10
POET Nutrition, Sioux Falls, SD (888-327-8799)
Indiana Dry $190 $190 $0
Iowa Dry $175 $175 $0
Michigan Dry $190 $190 $0
Minnesota Dry $175 $175 $0
Missouri Dry $190 $185 $5
Ohio Dry $190 $190 $0
South Dakota Dry $170 $170 $0
Nebraska Dry $190 $190 $0
United BioEnergy, Wichita, KS (316-616-3521)
Kansas Dry $190 $190 $0
Wet $80 $80 $0
Ill NO March Dry $188 $185 $3
Nebraska Dry $185 $185 $0
Wet $75 $75 $0
U.S. Commodities, Minneapolis, MN (888-293-1640)
Illinois Dry $200 $200 $0
Indiana Dry $185 $180 $5
Iowa Dry $175 $170 $5
Michigan Dry $175 $175 $0
Minnesota Dry $165 $165 $0
Nebraska Dry $180 $180 $0
New York Dry $205 $205 $0
North Dakota Dry $180 $180 $0
Ohio Dry $185 $185 $0
South Dakota Dry $180 $180 $0
Wisconsin Dry $170 $165 $5
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
FOBPickett Dry $165 $165 $0
Western Kansas
Dry $230 $215 $15
Wet $75 $78 -$3
Western Milling
California Dry $259 $259 $0
**Weekly Average: $182 $180 $2
(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 3/26/2026 $4.6700 $166.7857
Soybean Meal 3/26/2026 $322.10
DDG Weekly Average Spot Price 3/26/2026 $182.00
DDG Value Relative to: 3/26 3/19
Corn 1.091% 1.073%
Soybean Meal 56.50% 54.14%
Cost Per Unit of Protein:
DDG $6.74 6.67
Soybean Meal $6.78 7.00
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
(c) Copyright 2026 DTN, LLC. All rights reserved.
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