MINNEAPOLIS (DTN) -- The average DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended June 4 was $174 per ton on average, down $8 on average versus one week ago. One merchandiser told DTN, "Freight costs are going up everywhere and hurting plant FOB values."

DDG prices were lower on average for the week with some plants posting sharply lower prices. The cash corn price was lower and soybean meal prices were lower versus one week ago, down $20.40 per ton. As for cash corn, the DTN National Average Corn Index was down 28 cents per bushel versus one week ago. Since the middle of May, the corn futures have dropped 57 cents, adding pressure on DDG.

Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended June 4 was 1.148%. The value of DDG relative to soybean meal was 55.47% and the cost per unit of protein for DDG was $6.44 compared to the cost per unit of protein for soybean meal at $6.60.

U.S. Grains and Bioproducts Council, in its weekly distillers dried grains with solubles (DDGS) export market prices report, showed these July prices as of June 4: CIF NOLA barge price was down $8 at $240 metric ton (mt) versus on week ago; FOB vessel Gulf price was down $2 at $260 mt; rail delivered PNW was down $24 at $251; and rail delivered to California was down $28 at $250 mt.

Ethanol production in the United States averaged 1.108 million barrels per day (bpd) in the week ended May 29, up 19,000 bpd week-on-week and 3,000 bpd, or 0.3% higher than in the same week last year, the Energy Information Administration reported Wednesday. Four-week average output at 1.097 million bpd was 49,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.047 million bpd, up 12,000 bpd week-on-week and in line with year-ago levels. Four-week average output at 1.04 million bpd was 50,000 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		6/4/2026	5/28/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
	Missouri	Dry	$185	$190	-$5
		Wet	$90	$95	-$5
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
		Dry	$175	$185	-$10
		Wet	$75	$85	-$10
CHS, Minneapolis, MN (800-769-1066)
	Illinois	Dry	$180	$190	-$10
	Indiana	Dry	$160	$170	-$10
	Iowa	Dry	$165	$172	-$7
	Michigan	Dry	$167	$175	-$8
	Minnesota	Dry	$163	$170	-$7
	New York	Dry	$195	$195	$0
	South Dakota	Dry	$170	$180	-$10
POET Nutrition, Sioux Falls, SD (888-327-8799)
	Indiana	Dry	$196	$201	-$5
	Iowa	Dry	$185	$185	$0
	Michigan	Dry	$196	$201	-$5
	Minnesota	Dry	$185	$185	$0
	Missouri	Dry	$200	$200	$0
	Ohio	Dry	$196	$201	-$5
	South Dakota	Dry	$185	$185	$0
	Nebraska	Dry	$185	$185	$0
United BioEnergy, Wichita, KS (316-616-3521)
	Kansas	Dry	$185	$185	$0
		Wet	$68	$68	$0
	Ill NO JUNE	Dry	$190	$195	-$5
	Nebraska	Dry	$180	$180	$0
		Wet	$70	$75	-$5
U.S. Commodities, Minneapolis, MN (888-293-1640)
	Illinois	Dry	$175	$195	-$20
	Indiana	Dry	$160	$180	-$20
	Iowa	Dry	$155	$165	-$10
	Michigan	Dry	$155	$170	-$15
	Minnesota	Dry	$150	$165	-$15
	Nebraska	Dry	$160	$170	-$10
	New York	Dry	$185	$200	-$15
	North Dakota	Dry	$145	$165	-$20
	Ohio	Dry	$160	$175	-$15
	South Dakota	Dry	$150	$165	-$15
	Wisconsin	Dry	$145	$160	-$15
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	$260	$263	-$3
**Weekly Average:			$174	$182	-$8
(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	6/4/2026	$4.2450	$151.6072
Soybean Meal	6/4/2026		$313.70
DDG Weekly Average Spot Price	6/4/2026		$174.00
DDG Value Relative to:		6/4	5/28
Corn		1.148%	1.118%
Soybean Meal		55.47%	54.47%
Cost Per Unit of Protein:
DDG		$6.44	$6.74
Soybean Meal		$6.60	$7.03
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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