MINNEAPOLIS (DTN) -- The DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended Dec. 11 was $161 per ton on average, up $3 versus one week ago.
DDG prices were mixed but higher on average again for the week, with the cash corn price slightly higher, while soybean meal prices were weaker, down $9.10 versus one week ago. As for cash corn, the DTN National Average Corn Index was up 1 cent versus one week ago.
Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended Dec 11 was 1.010%. The value of DDG relative to soybean meal was 53.29% and the cost per unit of protein for DDG was $5.96 compared to the cost per unit of protein for soybean meal at $6.36.
U.S. Grains Council, in its weekly distillers dried grains with solubles (DDGS) export market prices report, showed January prices as of Dec. 11: CIF NOLA barge price was up $4 at $219 metric ton (mt); FOB vessel Gulf price was up $2 at $237 mt; rail delivered PNW was up $17 at $284; and rail delivered to California was up $20 at $274 mt.
Ethanol production in the United States averaged 1.105 million barrels per day (bpd) during the week ended Dec. 3, down 21,000 bpd week-on-week and 2,000 bpd, or 0.2%, higher than in the same week last year, according to the Energy Information Administration. Four-week average output at 1.109 million bpd was 14,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.046 million bpd, down 22,000 bpd week-on-week and 1,000 bpd, or 0.1%, higher than in the same week last year. Four-week average output at 1.05 million bpd was 21,000 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 |
|
12/11/2025 |
12/4/2025 |
|
| Bartlett and Company, Kansas City, MO (816 714 3413) |
|
|
| |
Missouri |
Dry |
$180 |
$175 |
$5 |
| |
|
Wet |
$90 |
$90 |
$0 |
| |
|
|
|
|
|
| Show Me Ethanol LLC, Carrollton, MO (660-542-6493) |
|
|
| |
|
Dry |
$175 |
$170 |
$5 |
| |
|
Wet |
$92 |
$90 |
$2 |
| |
|
|
|
|
|
| CHS, Minneapolis, MN (800-769-1066) |
|
|
|
| |
Illinois |
Dry |
$162 |
$160 |
$2 |
| |
Indiana |
Dry |
$145 |
$145 |
$0 |
| |
Iowa |
Dry |
$147 |
$143 |
$4 |
| |
Michigan |
Dry |
$150 |
$150 |
$0 |
| |
Minnesota |
Dry |
$150 |
$135 |
$15 |
| |
New York |
Dry |
$178 |
$178 |
$0 |
| |
South Dakota |
Dry |
$170 |
$160 |
$10 |
| |
|
|
|
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| |
|
|
|
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| |
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|
| POET Nutrition, Sioux Falls, SD (888-327-8799) |
|
|
| |
Indiana |
Dry |
$165 |
$165 |
$0 |
| |
Iowa |
Dry |
$170 |
$170 |
$0 |
| |
Michigan |
Dry |
$168 |
$168 |
$0 |
| |
Minnesota |
Dry |
$170 |
$170 |
$0 |
| Call |
Missouri |
Dry |
$175 |
$175 |
$0 |
| |
Ohio |
Dry |
$165 |
$165 |
$0 |
| Call |
South Dakota |
Dry |
$165 |
$165 |
$0 |
| Call |
Nebraska |
Dry |
$175 |
$175 |
$0 |
| United BioEnergy, Wichita, KS (316-616-3521) |
|
|
| |
Kansas |
Dry |
$170 |
$170 |
$0 |
| |
|
Wet |
$55 |
$55 |
$0 |
| |
Ill SOLD OUT DEC |
Dry |
$165 |
$165 |
$0 |
| |
Nebraska |
Dry |
$165 |
$165 |
$0 |
| |
|
Wet |
$55 |
$55 |
$0 |
| |
|
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| |
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|
| U.S. Commodities, Minneapolis, MN (888-293-1640) |
|
|
| |
Illinois |
Dry |
$155 |
$150 |
$5 |
| |
Indiana |
Dry |
$145 |
$145 |
$0 |
| |
Iowa |
Dry |
$145 |
$140 |
$5 |
| |
Michigan |
Dry |
$145 |
$140 |
$5 |
| |
Minnesota |
Dry |
$145 |
$140 |
$5 |
| |
Nebraska |
Dry |
$165 |
$165 |
$0 |
| |
New York |
Dry |
$175 |
$165 |
$10 |
| |
North Dakota |
Dry |
$165 |
$155 |
$10 |
| |
Ohio |
Dry |
$160 |
$155 |
$5 |
| |
South Dakota |
Dry |
$155 |
$150 |
$5 |
| |
Wisconsin |
Dry |
$140 |
$135 |
$5 |
| |
|
|
|
|
|
| Fox River Valley Ethanol, Oshkosh WI 715-709-0269 |
|
|
| |
FOB Pickett |
Dry |
$137 |
$137 |
$0 |
| Western Kansas |
|
|
|
|
| |
CALL |
Dry |
$196 |
$196 |
$0 |
| |
|
Wet |
$72 |
$72 |
$0 |
| Western Milling |
|
|
|
|
| |
California |
Dry |
$252 |
$247 |
$5 |
| |
|
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| |
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| |
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| **Weekly Average: |
|
$161 |
$158 |
$3 |
| (Prices listed per ton) |
|
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| |
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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. |
|
|
| VALUE OF DDG VS. CORN & SOYBEAN MEAL |
|
|
| |
|
|
|
| Settlement Price: |
Quote Date |
Bushel |
Short Ton |
| Corn |
12/11/2025 |
$4.4650 |
$159.4643 |
| Soybean Meal |
12/11/2025 |
|
$302.10 |
| DDG Weekly Average Spot Price |
12/11/2025 |
|
$161.00 |
| |
|
|
|
| DDG Value Relative to: |
|
12/11 |
12/4 |
| Corn |
|
1.010% |
0.989% |
| Soybean Meal |
|
53.29% |
50.77% |
| |
|
|
|
| Cost Per Unit of Protein: |
|
|
|
| DDG |
|
$5.96 |
5.85 |
| Soybean Meal |
|
$6.36 |
6.55 |
| 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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