MINNEAPOLIS (DTN) -- The average DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended Nov. 12 was $177 per short ton on average, down $1 versus one week ago. DDG prices were mixed but slightly lower on average, while the cash corn price and soybean meal prices were higher versus last week.

The DTN National Average Corn Index is up 4 cents per bushel versus one week ago, while soybean meal futures price is up $8.20 per short ton versus one week ago.

Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended Nov. 12 was 1.120%. The value of DDG relative to soybean meal was 54.39% and the cost per unit of protein for DDG was $6.56 compared to the cost per unit of protein for soybean meal at $6.85.

U.S. Grains and Bioproducts Council in its weekly distillers dried grains with solubles (DDGS) export market prices report showed December prices as of Nov. 12: CIF NOLA barge price was up $3 at $267 metric ton (mt) versus one week ago; FOB vessel Gulf price was down $2 at $278 mt; rail delivered PNW was up $10 at $293; and rail delivered to California was up $10 at $283 mt.

The Energy Information Administration reported Thursday that overall ethanol production in the United States averaged 1.13 million bpd in the week ending Nov. 6, down 13,000 bpd week-on-week and 55,000 bpd, or 5.1% higher than in the same week last year. Four-week average output at 1.121 million bpd was 21,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.07 million bpd, down 20,000 bpd week-on-week and 56,000 bpd, or 5.5% higher than in the same week last year. The four-week average output at 1.064 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		11/12/2026	11/5/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
	Missouri	Dry	$200	$200	$0
		Wet	$95	$95	$0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
		Dry	$200	$200	$0
		Wet	$100	$100	$0
CHS, Minneapolis, MN (800-769-1066)
	Illinois	Dry	$185	$183	$2
	Indiana	Dry	$160	$160	$0
	Iowa	Dry	$165	$170	-$5
	Michigan	Dry	$174	$170	$4
	Minnesota	Dry	$165	$165	$0
	New York	Dry	$215	$215	$0
	South Dakota	Dry	$170	$175	-$5
POET Nutrition, Sioux Falls, SD (888-327-8799)
	Indiana	Dry	$195	$195	$0
	Iowa	Dry	$180	$185	-$5
	Michigan	Dry	$195	$195	$0
	Minnesota	Dry	$175	$180	-$5
	Missouri	Dry	$190	$195	-$5
	Ohio	Dry	$195	$195	$0
	South Dakota	Dry	$180	$185	-$5
	Nebraska	Dry	$195	$195	$0
United BioEnergy, Wichita, KS (316-616-3521)
	Kansas	Dry	$201	$201	$0
		Wet	$70	$70	$0
	Ill	Dry	$190	$190	$0
	Nebraska	Dry	$200	$200	$0
		Wet	$70	$70	$0
U.S. Commodities, Minneapolis, MN (888-293-1640)
	Illinois	Dry	$165	$165	$0
	Indiana	Dry	$160	$160	$0
	Iowa	Dry	$160	$160	$0
	Michigan	Dry	$165	$165	$0
	Minnesota	Dry	$150	$150	$0
	Nebraska	Dry	$165	$165	$0
	New York	Dry	$170	$170	$0
	North Dakota	Dry	$165	$165	$0
	Ohio	Dry	$170	$170	$0
	South Dakota	Dry	$160	$160	$0
	Wisconsin	Dry	$145	$145	$0
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
	FOB Pickett	Dry	$170	$170	$0
Western Kansas
		Dry	$224	$224	$0
		Wet	$77	$77	$0
Western Milling
	California	Dry	$268	$263	$5
**Weekly Average:			$177	$178	-$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.

NOTE: Prices are based off the futures market with the highest volume.

VALUE OF DDG VS. CORN & SOYBEAN MEAL
Settlement Price:	Quote Date	Bushel	Short Ton
Corn	11/12/2026	$4.4250	$158.0357
Soybean Meal	11/12/2026		$325.40
DDG Weekly Average Spot Price	11/12/2026		$177.00
DDG Value Relative to:		11/12	11/5
Corn		1.120%	1.133%
Soybean Meal		54.39%	56.12%
Cost Per Unit of Protein:
DDG		$6.56	$6.59
Soybean Meal		$6.85	$6.68
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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