OMAHA (DTN) -- The domestic distillers dried grains (DDG) weekly average spot price from the 40 locations DTN contacted was down $1, to $141 per ton for the week ended Oct. 16. Prices were mixed from various sellers, but overall, the DDG price this week came under some pressure from the weaker cash corn price.
Based on the average of prices collected by DTN, the value of DDG relative to corn for the week ended Oct. 16 was at 100.78%. The value of DDG relative to soybean meal was at 46.26%. The cost per unit of protein for DDG was $5.22, compared to the cost per unit of protein for soybean meal at $6.42.
Various closures on the Mississippi River are likely stalling transport of some export containers to the Gulf this week. In the Upper Mississippi River, Locks 16 and 17 have been closed to northbound and southbound traffic since Oct. 13. American Commercial Barge Line noted that the latest forecasts reflect Lock 17 will reopen the evening of Oct. 17 and Lock 16 will reopen the morning of Oct. 18. Twenty-four hours of transit delays are expected for the cleanup of both locks.
In the Lower Mississippi there is a closure at Mile 249 as of Oct. 16 through Oct. 18 from 07:00-17:00 to southbound tows with four or more barges. At the Gulf, weather fronts moving through the Gulf and Canal areas this week through Oct. 18 will cause intermittent delays there from wind and fog, added ACBL.
ALL PRICES SUBJECT TO CONFIRMATION
Bartlett and Company, Kansas City, MO (816-753-6300)
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)