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Market Matters Blog 05/01 12:39
DTN Weekly DDG Price Higher on Average
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 April 30 was
$188 per ton on average, up $2 versus one week ago.
DDG prices were mixed but higher on average for the week, while cash corn
was higher and soybean meal prices were also higher, up $2.40 versus one week
ago. As for cash corn, the DTN National Average Corn Index was up 11 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 Apr 30 was 1.109%. The value of DDG relative to
soybean meal was 58.95% and the cost per unit of protein for DDG was $6.96
compared to the cost per unit of protein for soybean meal at $6.71.
U.S. Grains and Bioproducts Council, in its weekly distillers dried grains
with solubles (DDGS) export market prices report, showed these June prices as
of April 30: CIF NOLA barge price was down $1 at $251 metric ton (mt) versus on
week ago; FOB vessel Gulf price was up $4 at $266 mt; rail delivered PNW was
steady at $281; and rail delivered to California was up $8 at $280 mt.
Ethanol production in the United States averaged 1.009 million barrels per
day (bpd) in the week ended April 24, the Energy Information Administration
reported Wednesday. That is down 31,000 bpd week-on-week and 31,000 bpd, or 3%,
lower than in the same week last year. Four-week average output at 1.071
million bpd was 44,000 bpd above the same four weeks last year. Midwest ethanol
production averaged 957,000 bpd, down 22,000 bpd week-on-week and 23,000 bpd,
or 2.3%, lower than in the same week last year. Four-week average output at
1.017 million bpd was 48,000 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 4/30/2026 4/23/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
Missouri Dry $195 $190 $5
Wet $100 $100 $0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
Dry $190 $190 $0
Wet $100 $100 $0
CHS, Minneapolis, MN (800-769-1066)
Illinois Dry $195 $195 $0
Indiana Dry $175 $175 $0
Iowa Dry $170 $170 $0
Michigan Dry $176 $173 $3
Minnesota Dry $170 $165 $5
New York Dry $195 $185 $10
South Dakota Dry $180 $180 $0
POET Nutrition, Sioux Falls, SD (888-327-8799)
Indiana Dry $205 $200 $5
Iowa Dry $195 $190 $5
Michigan Dry $205 $200 $5
Minnesota Dry $190 $190 $0
Missouri Dry $200 $200 $0
Ohio Dry $205 $200 $5
South Dakota Dry $190 $190 $0
Nebraska Dry $200 $200 $0
United BioEnergy, Wichita, KS (316-616-3521)
Kansas Dry $200 $200 $0
Wet $68 $68 $0
Ill NO May Dry $195 $188 $7
Nebraska Dry $195 $195 $0
Wet $75 $75 $0
U.S. Commodities, Minneapolis, MN (888-293-1640)
Illinois Dry $200 $200 $0
Indiana Dry $185 $185 $0
Iowa Dry $175 $175 $0
Michigan Dry $175 $175 $0
Minnesota Dry $165 $165 $0
Nebraska Dry $185 $185 $0
New York Dry $205 $205 $0
North Dakota Dry $175 $175 $0
Ohio Dry $185 $185 $0
South Dakota Dry $170 $170 $0
Wisconsin Dry $170 $170 $0
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
FOB Pickett Dry $165 $165 $0
Western Kansas
Dry $235 $235 $0
Wet $80 $77 $3
Western Milling
California Dry $266 $266 $0
**Weekly Average: $188 $186 $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 4/30/2026 $4.7475 $169.5536
Soybean Meal 4/30/2026 $318.90
DDG Weekly Average Spot Price 4/30/2026 $188.00
DDG Value Relative to: 4/30 4/23
Corn 1.109% 1.123%
Soybean Meal 58.95% 58.77%
Cost Per Unit of Protein:
DDG $6.96 $6.89
Soybean Meal $6.71 $6.66
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
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