Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended Aug. 7 was 1.041%. The value of DDG relative to soybean meal was 52.44% and the cost per unit of protein for DDG was $5.3 compared to the cost per unit of protein for soybean meal at $5.74.

USDA used information from Tuesday’s U.S. Census Bureau to report on June U.S. exports of DDGS. USDA noted exports totaled 917,307 metric tons (mt) in June, down from 918,108 mt in May, and down 3% from June, 2024. DDGS exports are running 7.7% behind 2024 through the first half of 2025. Mexico was the top destination in June, taking 20% of U.S. exports, and was followed by South Korea and Vietnam. If tariffs stay put in August, that may have a negative effect on DDGS exports.

The Energy Information Administration reported on Wednesday for the week ended Aug. 1, overall ethanol production in the United States averaged 1.081 million barrels per day (bpd), down 15,000 bpd versus last week and 14,000 bpd, or 1.3% higher than in the same week last year. Four-week average output at 1.086 million bpd was 8,000 bpd below the same four weeks last year. Midwest ethanol production averaged 1.021 million bpd, down 19,000 bpd versus last week and 13,000 bpd, or 1.3% higher than in the same week last year. Four-week average output at 1.029 million bpd was 4,000 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 8/7/2025 7/31/2025 Bartlett and Company, Kansas City, MO (816 714 3413) Missouri Dry $147 $147 $0 Wet $78 $78 $0 Show Me Ethanol LLC, Carrollton, MO (660-542-6493) Dry $150 $150 $0 Wet $75 $75 $0 CHS, Minneapolis, MN (800-769-1066) Illinois Dry $148 $148 $0 Indiana Dry $130 $130 $0 Iowa Dry $130 $132 -$2 Michigan Dry $140 $140 $0 Minnesota Dry $125 $125 $0 New York Dry $150 $152 -$2 South Dakota Dry $130 $130 $0 POET Nutrition, Sioux Falls, SD (888-327-8799) Indiana Dry $170 $170 $0 Iowa Dry $145 $145 $0 Michigan Dry $172 $172 $0 Minnesota Dry $145 $145 $0 Missouri Dry $158 $158 $0 Ohio Dry $170 $170 $0 South Dakota Dry $140 $140 $0 Nebraska Dry $145 $145 $0 United BioEnergy, Wichita, KS (316-616-3521) Kansas Dry $150 $145 $5 Wet $50 $50 $0 Ill NO AUG/SEP NOM Dry $160 $160 $0 Nebraska Dry $140 $140 $0 Wet $45 $45 $0 U.S. Commodities, Minneapolis, MN (888-293-1640) Illinois Dry $138 $140 -$2 Indiana Dry $138 $138 $0 Iowa Dry $127 $127 $0 Michigan Dry $142 $142 $0 Minnesota Dry $127 $130 -$3 Nebraska Dry $132 $130 $2 New York Dry $150 $150 $0 North Dakota Dry $130 $130 $0 Ohio Dry $140 $140 $0 South Dakota Dry $125 $125 $0 Wisconsin Dry $135 $135 $0 Fox River Valley Ethanol, Oshkosh WI 715-709-0269 FOB Pickett Dry $145 $145 $0 Western Kansas Dry $162 $168 -$6 Wet $64 $68 -$4 Western Milling California Dry $210 $207 $3 **Weekly Average: $143 $143 $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 8/7/2025 $3.8450 $137.3214 Soybean Meal 8/7/2025 $272.70 DDG Weekly Average Spot Price 8/7/2025 $143.00 DDG Value Relative to: 8/7 7/31 Corn 1.041% 1.016% Soybean Meal 52.44% 54.62% Cost Per Unit of Protein: DDG 5.30 5.30 Soybean Meal 5.74 5.51 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

(c) Copyright 2025 DTN, LLC. All rights reserved.