Ethanol Blog
Cheryl Anderson DTN Staff Reporter

Friday 09/06/13

DDG Prices Remain Fairly Steady Amid Slow Trade

Dried distillers grains prices remained steady since last week as the prices of competing feed ingredients kept prices level, as well as tight supplies and slow trade.

Prices of DDG remained relatively unchanged, as the DTN weekly DDG spot price average rose only $1 per ton in the past week, from $226 per ton last week to $227 this week. This is the second week in a row that the market has seen a $1 increase, as prices have hovered between $225 and $227 per ton since early August.

Of the 30 Midwestern locations DTN collects DDG prices from, 16 locations reported their spot prices remained unchanged since last week. Prices increases were reported at seven locations, and price decreases in seven locations.

Merchandisers told DTN that DDG prices are remaining strong due to high soybean and soybean prices, as well as tighter supply due to many plants taking scheduled maintenance shut-downs. The market also remains hesitant as everyone waits to see what the weather does for the remainder of the growing season and how harvest numbers turn out.

The value of DDG relative to corn this week was at about 129.85%; however, that is a distorted number. The abrupt shift in the DDG to corn ratio after July 12 is due to the transition from July corn futures to the lower-priced September corn contract. The value of DDG relative to soybean meal was at about 47.34%.

The cost per unit of protein this week for DDG was $9.08, compared to the cost per unit of protein for soybean meal at $10.09.

Cheryl Anderson can be reached at

Posted at 5:42PM CDT 09/06/13 by Cheryl Anderson
Comments (1)
Cheryl; Could you explain the incentive programs that surround the ethanol production and blending, for example ;RIN's and blending credit. Also, are ethanol plants built with private investment $ or assisted loans ?Thank you.
Posted by Dick Doriguzzi at 7:26AM CDT 09/09/13
Post a Blog Comment:
Your Comment:
DTN reserves the right to delete comments posted to any of our blogs and forums, for reasons including profanity, libel, irrelevant personal attacks and advertisements.
Blog Home Pages
April  2015
         1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30      
Subscribe to Ethanol Blog RSS
Recent Blog Posts
  • Spot Ethanol Prices Track Corn Futures Lower
  • Spot Ethanol Prices Retreat on Profit-Taking
  • DDG Prices Drop as Barge Freight Falls
  • West Coast Spot Ethanol Prices Spike on Short Squeeze
  • Spot Ethanol Prices Pressured by Bearish EIA Data
  • DDGS Play Vital Role in Nebraska Ethanol Impact
  • Spot Ethanol Prices Flat to Up as Supply Data Eyed
  • Argo, PNW Spot Ethanol Prices Nudge Higher in Thin Trade
  • An Economic Case for Ethanol
  • Spot Ethanol Gains at Argo, Steady in New York Harbor
  • Grains Council Works to Open Cuban Markets
  • Ethanol Production Sliding Lower
  • Spot Ethanol Advances After Bullish Weekly Supply Report
  • D6 RINs Extend Higher; Spot Ethanol Prices Flat
  • D6 RINs Edge Higher While Spot Ethanol Prices Ease
  • Corn Prices Remain Range Bound
  • DDGS Rise to Highest Level in Five Months
  • Spot Ethanol Prices Weaken Amid Sluggish Demand
  • Gasoline Stocks Change Direction
  • Spot Ethanol Prices Mostly Flat in Lackluster Trade