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DDG Weekly Update
Mary Kennedy 12/19 1:15 PM
MINNEAPOLIS (DTN) -- The DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended Dec. 18 was $164 per ton on average, up $3 versus one week ago. DDG prices were mixed but higher on average again for the week, even with the cash corn price slightly lower, while soybean meal prices were slightly higher, up $0.20 versus one week ago. As for cash corn, the DTN National Average Corn Index was down 2 cents versus one week ago. The extreme cold weather has helped spot demand given cattle need more to eat when it is cold. Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended Dec 18 was 1.033%. The value of DDG relative to soybean meal was 54.25% and the cost per unit of protein for DDG was $6.07 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. 18: CIF NOLA barge price was up $6 at $225 metric ton (mt); FOB vessel Gulf price was down $3 at $234 mt; rail delivered PNW was down $7 at $277; and rail delivered to California was down $3 at $273 mt. The Energy Information Administration reported Wednesday that ethanol production in the United States averaged 1.131 million barrels per day (bpd) in the week ended Dec. 10, up 26,000 bpd versus prior week and 24,000 bpd, or 2.2%, higher than in the same week last year, and hitting a new record for the week. Four-week average output at 1.119 million bpd was 26,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.078 million bpd, up 32,000 bpd versus prior week and 33,000 bpd, or 3.2%, higher than in the same week last year. Four-week average output at 1.062 million bpd was 31,000 bpd above the same four weeks last year. Note: All prices subject to change/confirmation.
Mary Kennedy can be reached at mary.kennedy@dtn.com Follow her on the social platform X @MaryCKenn (c) Copyright 2025 DTN, LLC. All rights reserved. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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