MINNEAPOLIS (DTN) -- The average DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended Feb. 26 was $170 per ton on average, up $1 versus one week ago.
DDG prices were mixed but higher on average for the week, while the cash corn price was higher and soybean meal prices were up $12.00 versus one week ago. As for cash corn, the DTN National Average Corn Index was up 9 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 Feb 26 was 1.073%. The value of DDG relative to soybean meal was 52.98% and the cost per unit of protein for DDG was $6.30 compared to the cost per unit of protein for soybean meal at $6.76.
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 Feb. 26: CIF NOLA barge price was down $3 at $228 metric ton (mt) versus on week ago; FOB vessel Gulf price was up $7 at $263 mt; rail delivered PNW was up $17 at $285; and rail delivered to California was up $23 at $280 mt.
Ethanol production in the United States averaged 1.113 million barrels per day (bpd) in the week ended Feb. 20, down 5,000 bpd week-on-week and 32,000 bpd, or 3%, higher than in the same week last year, the Energy Information Administration reported 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 1.06 million bpd, up 2,000 bpd week-on-week and 27,000 bpd, or 2.6%, 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 |
PREVIOUS |
CHANGE |
| COMPANY |
STATE |
|
2/26/2025 |
2/19/2025 |
|
| Bartlett and Company, Kansas City, MO (816 714 3413) |
|
| |
Missouri |
Dry |
$175 |
$175 |
$0 |
| |
|
Wet |
$90 |
$90 |
$0 |
| |
|
|
|
|
|
| Show Me Ethanol LLC, Carrollton, MO (660-542-6493) |
|
|
| |
|
Dry |
$175 |
$180 |
-$5 |
| |
|
Wet |
$95 |
$100 |
-$5 |
| |
|
|
|
|
|
| CHS, Minneapolis, MN (800-769-1066) |
|
|
|
| |
Illinois |
Dry |
$177 |
$177 |
$0 |
| |
Indiana |
Dry |
$160 |
$155 |
$5 |
| |
Iowa |
Dry |
$160 |
$155 |
$5 |
| |
Michigan |
Dry |
$162 |
$160 |
$2 |
| |
Minnesota |
Dry |
$153 |
$150 |
$3 |
| |
New York |
Dry |
$199 |
$199 |
$0 |
| |
South Dakota |
Dry |
$165 |
$175 |
-$10 |
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
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| |
|
|
|
|
|
| |
|
|
|
|
|
| POET Nutrition, Sioux Falls, SD (888-327-8799) |
|
|
| |
Indiana |
Dry |
$190 |
$190 |
$0 |
| |
Iowa |
Dry |
$170 |
$170 |
$0 |
| |
Michigan |
Dry |
$185 |
$185 |
$0 |
| |
Minnesota |
Dry |
$170 |
$170 |
$0 |
| |
Missouri |
Dry |
$175 |
$175 |
$0 |
| |
Ohio |
Dry |
$190 |
$190 |
$0 |
| |
South Dakota |
Dry |
$165 |
$165 |
$0 |
| |
Nebraska |
Dry |
$168 |
$168 |
$0 |
| United BioEnergy, Wichita, KS (316-616-3521) |
|
|
| |
Kansas |
Dry |
$185 |
$185 |
$0 |
| |
|
Wet |
$80 |
$80 |
$0 |
| |
Ill MARCH |
Dry |
$185 |
$175 |
$10 |
| |
Nebraska |
Dry |
$175 |
$175 |
$0 |
| |
|
Wet |
$75 |
$75 |
$0 |
| |
|
|
|
|
|
| |
|
|
|
|
|
| U.S. Commodities, Minneapolis, MN (888-293-1640) |
|
|
| |
Illinois |
Dry |
$175 |
$175 |
$0 |
| |
Indiana |
Dry |
$165 |
$165 |
$0 |
| |
Iowa |
Dry |
$155 |
$155 |
$0 |
| |
Michigan |
Dry |
$155 |
$155 |
$0 |
| |
Minnesota |
Dry |
$150 |
$150 |
$0 |
| |
Nebraska |
Dry |
$165 |
$165 |
$0 |
| |
New York |
Dry |
$190 |
$190 |
$0 |
| |
North Dakota |
Dry |
$170 |
$170 |
$0 |
| |
Ohio |
Dry |
$175 |
$175 |
$0 |
| |
South Dakota |
Dry |
$165 |
$165 |
$0 |
| |
Wisconsin |
Dry |
$155 |
$155 |
$0 |
| |
|
|
|
|
|
| Fox River Valley Ethanol, Oshkosh WI 715-709-0269 |
|
|
| |
FOB Pickett |
Dry |
$150 |
$150 |
$0 |
| Western Kansas |
|
|
|
|
| |
|
Dry |
$190 |
$190 |
$0 |
| |
|
Wet |
$71 |
$71 |
$0 |
| Western Milling |
|
|
|
|
| |
California |
Dry |
$252 |
$252 |
$0 |
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| **Weekly Average: |
|
$170 |
$169 |
$1 |
| (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 |
2/26/2026 |
$4.4350 |
$158.3929 |
| Soybean Meal |
2/26/2026 |
|
$320.90 |
| DDG Weekly Average Spot Price |
2/26/2026 |
|
$170.00 |
| |
|
|
|
| DDG Value Relative to: |
|
2/26 |
2/19 |
| Corn |
|
1.073% |
1.111% |
| Soybean Meal |
|
52.98% |
54.71% |
| |
|
|
|
| Cost Per Unit of Protein: |
|
|
|
| DDG |
|
$6.30 |
$6.26 |
| Soybean Meal |
|
$6.76 |
$6.50 |
| 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
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