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MINNEAPOLIS (DTN) -- The average DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended June 11 was $160 per ton on average, down $14 on average versus one week ago. One merchandiser told DTN, "Demand is weak and inventory is high."
DDG prices were lower on average for the week, with some plants posting sharply lower prices again. The cash corn price was lower and soybean meal prices were lower versus one week ago, down $19.00 per ton. As for cash corn, the DTN National Average Corn Index was down 17 cents per bushel versus one week ago. Since June 1, the corn futures have dropped 33 cents, also adding pressure on DDG. DDG prices have dropped $22 in the past 2 weeks.
Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended June 11 was 1.088%. The value of DDG relative to soybean meal was 53.03% and the cost per unit of protein for DDG was $5.93 compared to the cost per unit of protein for soybean meal at $6.35.
U.S. Grains and Bioproducts Council, in its weekly distillers dried grains with solubles (DDGS) export market prices report, showed these July prices as of June 11: CIF NOLA barge price was down $10 at $230 metric ton (mt) versus on week ago; FOB vessel Gulf price was down $8 at $260 mt; rail delivered PNW was up $1 at $252; and rail delivered to California was up $1 at $251 mt.
USDA used the U.S. Census Bureau this past week to report on DDGS exports for April. U.S. exports of DDGS totaled 1,020,732 mt in April, down from 1,028,779 mt in March, but the largest April exports on record. Mexico was the top destination in April, taking over 20% of U.S. exports, and was followed by Indonesia and South Korea. Through April, 2026 exports of DDGS are running 11% ahead of the same point in 2025.
The Energy Information Administration reported Wednesday (6/10) that overall ethanol production in the United States averaged 1.108 million bpd in the week ending June 5, unchanged from the previous week but down 12,000 bpd, or 1.1%, from the same week last year. Four-week average output at 1.104 million bpd was 25,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.049 million bpd, up 2,000 bpd week-on-week but down 12,000 bpd, or 1.1%, from the same week last year. Four-week average output at 1.047 million bpd was 57,000 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 | 6/11/2026 | 6/4/2026 | ||
| Bartlett and Company, Kansas City, MO (816 714 3413) | |||||
| Missouri | Dry | $175 | $185 | -$10 | |
| Wet | $85 | $90 | -$5 | ||
| Show Me Ethanol LLC, Carrollton, MO (660-542-6493) | |||||
| Dry | $175 | $175 | $0 | ||
| Wet | $75 | $75 | $0 | ||
| CHS, Minneapolis, MN (800-769-1066) | |||||
| Illinois | Dry | $175 | $180 | -$5 | |
| Indiana | Dry | $160 | $160 | $0 | |
| Iowa | Dry | $160 | $165 | -$5 | |
| Michigan | Dry | $165 | $167 | -$2 | |
| Minnesota | Dry | $155 | $163 | -$8 | |
| New York | Dry | $195 | $195 | $0 | |
| South Dakota | Dry | $170 | $170 | $0 | |
| POET Nutrition, Sioux Falls, SD (888-327-8799) | |||||
| Indiana | Dry | $196 | $196 | $0 | |
| Iowa | Dry | $175 | $185 | -$10 | |
| Michigan | Dry | $196 | $196 | $0 | |
| Minnesota | Dry | $175 | $185 | -$10 | |
| Missouri | Dry | $190 | $200 | -$10 | |
| Ohio | Dry | $196 | $196 | $0 | |
| South Dakota | Dry | $175 | $185 | -$10 | |
| Nebraska | Dry | $175 | $185 | -$10 | |
| United BioEnergy, Wichita, KS (316-616-3521) | |||||
| Kansas | Dry | $175 | $185 | -$10 | |
| Wet | $68 | $68 | $0 | ||
| Ill NO JUNE | Dry | $0 | $0 | $0 | |
| Nebraska | Dry | $170 | $180 | -$10 | |
| Wet | $70 | $70 | $0 | ||
| U.S. Commodities, Minneapolis, MN (888-293-1640) | |||||
| Illinois | Dry | $165 | $175 | -$10 | |
| Indiana | Dry | $150 | $160 | -$10 | |
| Iowa | Dry | $145 | $155 | -$10 | |
| Michigan | Dry | $145 | $155 | -$10 | |
| Minnesota | Dry | $140 | $150 | -$10 | |
| Nebraska | Dry | $150 | $160 | -$10 | |
| New York | Dry | $170 | $185 | -$15 | |
| North Dakota | Dry | $140 | $145 | -$5 | |
| Ohio | Dry | $155 | $160 | -$5 | |
| South Dakota | Dry | $130 | $150 | -$20 | |
| Wisconsin | Dry | $140 | $145 | -$5 | |
| Fox River Valley Ethanol, Oshkosh WI 715-709-0269 | |||||
| FOB Pickett | Dry | $155 | $165 | -$10 | |
| Western Kansas | |||||
| Dry | $200 | $230 | -$30 | ||
| Wet | $70 | $72 | -$2 | ||
| Western Milling | |||||
| California | Dry | $253 | $260 | -$7 | |
| **Weekly Average: | $160 | $174 | -$14 | ||
| (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 | 6/11/2026 | $4.1175 | $147.0536 |
| Soybean Mea | 6/11/2026 | $301.70 | |
| DDG Weekly Average Spot Price | 6/11/2026 | $160.00 | |
| DDG Value Relative to: | 6/11 | 6/4 | |
| Corn | 1.088% | 1.148% | |
| Soybean Meal | 53.03% | 55.47% | |
| Cost Per Unit of Protein: | |||
| DDG | $5.93 | $6.44 | |
| Soybean Meal | $6.35 | $6.60 | |
| 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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