MINNEAPOLIS (DTN) -- The DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended Jan.8 was $164 per ton on average, unchanged versus one week ago.

DDG prices were mixed but steady on average again for the week, with the cash corn price higher and soybean meal prices down $4.20 versus one week ago. As for cash corn, the DTN National Average Corn Index was up 8 cents versus one week ago.

Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended Jan. 8 was 1.03%. The value of DDG relative to soybean meal was 54.02% and the cost per unit of protein for DDG was $6.07 compared to the cost per unit of protein for soybean meal at $6.39.

U.S. Grains Council, in its weekly distillers dried grains with solubles (DDGS) export market prices report, showed January prices as of Jan.8 (vs last quoted on Dec. 18): CIF NOLA barge price was down $13 at $212 metric ton (mt); FOB vessel Gulf price was up $8 at $242 mt; rail delivered PNW was down $16 at $259; and rail delivered to California was down $19 at $254 mt.

Ethanol production in the United States averaged 1.098 million barrels per day (bpd) in the week ended Jan. 2, down 22,000 bpd versus last week and 4,000 bpd, or 0.4% lower than in the same week last year, the Energy Information Administration reported on Wednesday. Four-week average output at 1.111 million bpd was 5,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.041 million bpd, down 22,000 bpd versus last week and 2,000 bpd, or 0.2% lower than in the same week last year. Four-week average output at 1.055 million bpd was 8,000 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		1/8/2026	12/31/2025
Bartlett and Company, Kansas City, MO (816 714 3413)
	Missouri	Dry	$185	$185	$0
		Wet	$90	$90	$0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
		Dry	$175	$185	-$10
		Wet	$85	$95	-$10
CHS, Minneapolis, MN (800-769-1066)
call	Illinois	Dry	$163	$163	$0
call	Indiana	Dry	$150	$150	$0
call	Iowa	Dry	$150	$150	$0
call	Michigan	Dry	$152	$150	$2
call	Minnesota	Dry	$150	$150	$0
call	New York	Dry	$182	$178	$4
call	South Dakota	Dry	$160	$170	-$10
POET Nutrition, Sioux Falls, SD (888-327-8799)
	Indiana	Dry	$185	$175	$10
	Iowa	Dry	$168	$170	-$2
	Michigan	Dry	$180	$175	$5
	Minnesota	Dry	$168	$170	-$2
	Missouri	Dry	$178	$178	$0
	Ohio	Dry	$180	$175	$5
	South Dakota	Dry	$180	$172	$8
	Nebraska	Dry	$175	$178	-$3
United BioEnergy, Wichita, KS (316-616-3521)
	Kansas	Dry	$180	$180	$0
		Wet	$70	$70	$0
	Ill SOLD OUT	Dry	$170	$170	$0
	Nebraska	Dry	$170	$170	$0
		Wet	$65	$65	$0
U.S. Commodities, Minneapolis, MN (888-293-1640)
	Illinois	Dry	$155	$155	$0
	Indiana	Dry	$145	$145	$0
	Iowa	Dry	$145	$145	$0
	Michigan	Dry	$145	$145	$0
	Minnesota	Dry	$145	$145	$0
	Nebraska	Dry	$165	$165	$0
	New York	Dry	$175	$175	$0
	North Dakota	Dry	$165	$165	$0
	Ohio	Dry	$160	$160	$0
	South Dakota	Dry	$155	$155	$0
	Wisconsin	Dry	$140	$140	$0
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
	FOB Pickett	Dry	$140	$140	$0
Western Kansas
		Dry	$212	$212	$0
		Wet	$75	$75	$0
Western Milling
	California	Dry	$240	$246	-$6
**Weekly Average:			$164	$164	$0
(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	1/8/2025	$4.4600	$159.2857
Soybean Meal	1/8/2025		$303.60
DDG Weekly Average Spot Price	1/8/2025		$164.00
DDG Value Relative to:		1/8	1/1
Corn		1.030%	1.043%
Soybean Meal		54.02%	54.78%
Cost Per Unit of Protein:
DDG		$6.07	6.07
Soybean Meal		$6.39	6.30
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 the social platform X @MaryCKenn

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