MINNEAPOLIS (DTN) -- The average DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended Oct. 22 was $190 per short ton on average, down $3 versus one week ago. DDG prices were mixed but moved lower on average as the cash corn price and soybean meal price continued to decrease.

The DTN National Average Corn Index is down 17 cents per bushel versus one week ago, while soybean meal futures price is down $12.50 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 Oct. 22 was 1.155%. The value of DDG relative to soybean meal was 54.71% and the cost per unit of protein for DDG was $7.04 compared to the cost per unit of protein for soybean meal at $7.31.

U.S. Grains and Bioproducts Council in its weekly distillers dried grains with solubles (DDGS) export market prices report showed November prices as of Oct. 22: CIF NOLA barge price was up $3 at $265 metric ton (mt) versus one week ago; FOB vessel Gulf price was up $4 at $289 mt; rail delivered PNW was down $12 at $279; and rail delivered to California was down $10 at $276 mt.

Ethanol production in the United States averaged 1.094 million barrels per day (bpd) in the week ended Oct. 16, the Energy Information Administration reported on Wednesday. That's up 29,000 bpd week-on-week and 18,000 bpd, or 1.6%, lower than in the same week last year. Four-week average output at 1.055 million bpd was 8,000 bpd below the same four weeks last year. Midwest ethanol production averaged 1.033 million bpd, up 23,000 bpd week-on-week and 18,000 bpd, or 1.7%, lower than in the same week last year. Four-week average output at 1 million bpd was 10,000 bpd below the same four weeks last year.

NOTE: All prices subject to change/confirmation.

ALL PRICES SUBJECT TO CONFIRMATION			CURRENT	PREVIOUS	CHANGE
COMPANY	STATE		10/22/2026	10/15/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
	Missouri	Dry	$195	$195	$0
		Wet	$95	$95	$0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
		Dry	$200	$190	$10
		Wet	$100	$90	$10
CHS, Minneapolis, MN (800-769-1066)
	Illinois	Dry	$195	$205	-$10
	Indiana	Dry	$175	$178	-$3
	Iowa	Dry	$175	$178	-$3
	Michigan	Dry	$175	$180	-$5
	Minnesota	Dry	$172	$175	-$3
	New York	Dry	$220	$220	$0
	South Dakota	Dry	$180	$185	-$5
POET Nutrition, Sioux Falls, SD (888-327-8799)
	Indiana	Dry	$205	$205	$0
	Iowa	Dry	$200	$210	-$10
	Michigan	Dry	$210	$210	$0
	Minnesota	Dry	$190	$200	-$10
	Missouri	Dry	$210	$215	-$5
	Ohio	Dry	$205	$205	$0
	South Dakota	Dry	$200	$205	-$5
	Nebraska	Dry	$215	$215	$0
United BioEnergy, Wichita, KS (316-616-3521)
	Kansas	Dry	$205	$210	-$5
		Wet	$70	$70	$0
	Ill	Dry	$200	$203	-$3
	Nebraska	Dry	$200	$205	-$5
		Wet	$70	$70	$0
U.S. Commodities, Minneapolis, MN (888-293-1640)
	Illinois	Dry	$180	$185	-$5
	Indiana	Dry	$180	$185	-$5
	Iowa	Dry	$180	$180	$0
	Michigan	Dry	$185	$185	$0
	Minnesota	Dry	$170	$170	$0
	Nebraska	Dry	$180	$185	-$5
	New York	Dry	$185	$185	$0
	North Dakota	Dry	$180	$185	-$5
	Ohio	Dry	$185	$185	$0
	South Dakota	Dry	$180	$180	$0
	Wisconsin	Dry	$170	$170	$0
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
	FOB Pickett	Dry	$175	$175	$0
Western Kansas
		Dry	$225	$225	$0
		Wet	$72	$72	$0
Western Milling
	California	Dry	$270	$277	-$7
**Weekly Average:			$190	$193	-$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.

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	10/22/2026	$4.6050	$164.4643
Soybean Meal	10/22/2026		$347.30
DDG Weekly Average Spot Price	10/22/2026		$190.00
DDG Value Relative to:		10/22	10/15
Corn		1.155%	1.131%
Soybean Meal		54.71%	53.64%
Cost Per Unit of Protein:
DDG		$7.04	$7.15
Soybean Meal		$7.31	$7.57
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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