USDA reported DDGS prices averaged $150 per short ton in the July 26 National Weekly Ethanol Report. Prices were up $3 from the previous report and down $6 from the previous month.
The DDGS/cash corn ratio was 1.02, down from 1.03 last week. The DDGS/KC soybean meal ratio was 0.39, unchanged from last week.
The EIA reported U.S ethanol production averaged 1,109 thousand barrels per day (tbpd) the week ending July 26. This was up 14 tbpd (1.3%) week-over-week and up 42 tbpd (3.9%) with production this time last year. The 4-week average production was 1,091 tbpd, up 11 tbpd from last week. Prices rebounded slightly from last week as production remains strong throughout July.