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Market Matters Blog 03/13 11:39
DTN Weekly Average DDG Price Jumps $5 Per Ton
DTN's weekly spot price for domestic distillers dried grains for the week
ended March 12 is up $5 on average versus one week ago. (DTN file photo)
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 12 was
$177 per ton on average, up $5 versus one week ago.
DDG prices were mixed but higher on average again for the week, with the
cash corn and soybean meal prices pushing higher as well. Soybean meal prices
were up $10.90 versus one week ago. As for cash corn, the DTN National Average
Corn Index was up 17 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 March 12 was 1.072%. The value of DDG relative to
soybean meal was 55.28% and the cost per unit of protein for DDG was $6.56
compared to the cost per unit of protein for soybean meal at $6.74.
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 12: CIF NOLA barge price was up $1 at $249 metric ton (mt) versus on
week ago; FOB vessel Gulf price was down $1 at $264 mt; rail delivered PNW was
up $3 at $281; and rail delivered to California was unchanged at $270 mt.
Ethanol production in the United States averaged 1.126 million barrels per
day (bpd) in the week ended March 6, up 31,000 bpd versus last week and 64,000
bpd, or 6%, higher than in the same week last year, the Energy Information
Administration reported on Wednesday. Four-week average output at 1.127 million
bpd was 23,000 bpd above the same four weeks last year. Midwest ethanol
production averaged 1.078 million bpd, up 34,000 bpd versus last week and
70,000 bpd, or 6.9%, higher than in the same week last year. Four-week average
output at 1.07 million bpd was 24,000 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 3/12/2026 3/5/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
Missouri Dry $175 $175 $0
Wet $95 $90 $5
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
Dry $175 $175 $0
Wet $95 $95 $0
CHS, Minneapolis, MN (800-769-1066)
Illinois Dry $190 $178 $12
Indiana Dry $170 $165 $5
Iowa Dry $168 $162 $6
Michigan Dry $168 $165 $3
Minnesota Dry $158 $155 $3
New York Dry $200 $200 $0
South Dakota Dry $170 $170 $0
POET Nutrition, Sioux Falls, SD (888-327-8799)
Indiana Dry $190 $190 $0
Iowa Dry $175 $170 $5
Michigan Dry $190 $185 $5
Minnesota Dry $175 $170 $5
Missouri Dry $175 $175 $0
Ohio Dry $190 $190 $0
South Dakota Dry $165 $165 $0
Nebraska Dry $175 $175 $0
United BioEnergy, Wichita, KS (316-616-3521)
Kansas Dry $190 $180 $10
Wet $80 $80 $0
Ill NO March Dry $185 $185 $0
Nebraska Dry $185 $180 $5
Wet $75 $75 $0
U.S. Commodities, Minneapolis, MN (888-293-1640)
Illinois Dry $190 $180 $10
Indiana Dry $175 $170 $5
Iowa Dry $165 $160 $5
Michigan Dry $170 $160 $10
Minnesota Dry $165 $155 $10
Nebraska Dry $175 $170 $5
New York Dry $200 $195 $5
North Dakota Dry $178 $175 $3
Ohio Dry $180 $180 $0
South Dakota Dry $175 $170 $5
Wisconsin Dry $160 $160 $0
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
FOBPickett NO offer NW Dry $165 $155 $10
Western Kansas
Dry $205 $200 $5
Wet $75 $74 $1
Western Milling
California Dry $257 $267 -$10
**Weekly Average: $177 $172 $5
(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 3/12/2026 $4.6250 $165.1786
Soybean Meal 3/12/2026 $320.20
DDG Weekly Average Spot Price 3/12/2026 $177.00
DDG Value Relative to: 3/12 3/5
Corn 1.072% 1.062%
Soybean Meal 55.28% 55.61%
Cost Per Unit of Protein:
DDG $6.56 6.37
Soybean Meal $6.74 6.51
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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