Sep 10, 2026
Corn and DDGS at Price Parity as Board Holds Into Harvest
No new USDA feedstuffs readings since last issue. DDGS sits at $181/ton, matching corn's plant input cost, while pricing protein at 91% of soybean meal. Hominy feed leads energy at 65% of corn.
Numbers as of Sep 10, 2026 pull
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DDGS and corn are at price parity this week, both at about $181/ton. On a cost-per-pound, dry-matter basis, DDGS scores energy at 97% of corn's cost per lb of TDN and protein at 91% of soybean meal's cost per lb of crude protein. No new USDA feedstuffs readings have been published since last issue; the board reflects the prior week's quotes.
- Hominy feed: $0.076/lb TDN, 65% of corn (dry-matter basis, FOB plant). Cheapest energy on the board.
- Soybean hulls at $0.105/lb TDN, 89% of corn; rice bran at $0.111/lb TDN, 95% of corn. Both on a dry-matter basis.
- Sunflower meal: $0.266/lb crude protein, 71% of soybean meal. Protein board leader; nutrient value is a book figure from published feed-composition tables.
- Feather meal: $0.276/lb crude protein, 74% of soybean meal. Second on the protein board.
- Corn benchmark holds at about $181/ton (plant input cost). USDA ERS's Aug. 14 Feed Grains Outlook lowered 2026/27 ending stocks 3.5 million MT to 42 million on higher export demand. Harvest-season new-crop supply is the near-term counterweight.
- Soybean meal benchmark holds at about $358/ton FOB. USDA ERS's Aug. 14 Oil Crops Outlook raised 2026/27 ending stocks 10 million bushels to 320 million on record production of 4.52 billion bushels.
Data note: 46 price series have not updated in over two weeks. Treat any figure from those series as stale.