MINNEAPOLIS (DTN) -- The average DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended May 28 was $182 per ton on average, down $3 versus one week ago. One merchandiser told DTN, "Shutdown season is over; prices are going down!"

DDG prices were lower on average for the week, while cash corn was lower and soybean meal prices were higher versus one week ago, up $5.70 per ton. As for cash corn, the DTN National Average Corn Index was down 5 cents per bushel versus one week ago.

Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended May 28 was 1.118%. The value of DDG relative to soybean meal was 54.47% and the cost per unit of protein for DDG was $6.74 compared to the cost per unit of protein for soybean meal at $7.03.

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 May 28: CIF NOLA barge price was up $2 at $254 metric ton (mt) versus on week ago; FOB vessel Gulf price was down $5 at $262 mt; rail delivered PNW was up $6 at $278; and rail delivered to California was down $2 at $272 mt.

Ethanol production in the United States averaged 1.089 million barrels per day (bpd) in the week ended May 22, according to the Energy Information Administration. That is down 22,000 bpd week-on-week and 33,000 bpd, or 3%, higher than in the same week last year. Four-week average output at 1.075 million bpd was 49,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.035 million bpd, down 21,000 bpd week-on-week and 36,000 bpd, or 3.5%, higher than in the same week last year. Four-week average output at 1.018 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		5/28/2026	5/21/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
	Missouri	Dry	$190	$190	$0
		Wet	$95	$95	$0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
		Dry	$185	$190	-$5
		Wet	$85	$90	-$5
CHS, Minneapolis, MN (800-769-1066)
	Illinois	Dry	$190	$192	-$2
	Indiana	Dry	$170	$173	-$3
	Iowa	Dry	$172	$172	$0
	Michigan	Dry	$175	$175	$0
	Minnesota	Dry	$170	$170	$0
	New York	Dry	$195	$195	$0
	South Dakota	Dry	$180	$180	$0
POET Nutrition, Sioux Falls, SD (888-327-8799)
	Indiana	Dry	$201	$201	$0
	Iowa	Dry	$185	$190	-$5
	Michigan	Dry	$201	$201	$0
	Minnesota	Dry	$185	$185	$0
	Missouri	Dry	$200	$200	$0
	Ohio	Dry	$201	$201	$0
	South Dakota	Dry	$185	$190	-$5
	Nebraska	Dry	$185	$190	-$5
United BioEnergy, Wichita, KS (316-616-3521)
	Kansas	Dry	$185	$195	-$10
		Wet	$68	$68	$0
	Ill NO May	Dry	$195	$195	$0
	Nebraska	Dry	$180	$190	-$10
		Wet	$75	$75	$0
U.S. Commodities, Minneapolis, MN (888-293-1640)
	Illinois	Dry	$195	$200	-$5
	Indiana	Dry	$180	$185	-$5
	Iowa	Dry	$165	$170	-$5
	Michigan	Dry	$170	$175	-$5
	Minnesota	Dry	$165	$170	-$5
	Nebraska	Dry	$170	$175	-$5
	New York	Dry	$200	$205	-$5
	North Dakota	Dry	$165	$175	-$10
	Ohio	Dry	$175	$185	-$10
	South Dakota	Dry	$165	$170	-$5
	Wisconsin	Dry	$160	$170	-$10
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
	FOB Pickett	Dry	$165	$165	$0
Western Kansas
		Dry	$230	$230	$0
		Wet	$72	$72	$0
Western Milling
	California	Dry	$263	$263	$0
**Weekly Average:			$182	$185	-$3
(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	5/28/2026	$4.5575	$162.7679
Soybean Meal	5/28/2026		$334.10
DDG Weekly Average Spot Price	5/28/2026		$182.00
DDG Value Relative to:		5/28	5/21
Corn		1.118%	1.121%
Soybean Meal		54.47%	56.33%
Cost Per Unit of Protein:
DDG		$6.74	$6.85
Soybean Meal		$7.03	$6.91
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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