# Corn and DDGS at Price Parity as Board Holds Into Harvest _Sep 10, 2026_ > 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._ DDGS and corn are at price parity this week, both at about **$181/ton**. On a cost-per-pound, dry-matter basis, DDGS scores energy at **97% of corn's cost per lb of TDN** and protein at **91% of soybean meal's cost per lb of crude protein**. No new USDA feedstuffs readings have been published since last issue; the board reflects the prior week's quotes. [Chart: The anchors and DDGS ($/ton, as-fed)](https://the-ration.com/leaderboard/cheapest-energy) ([data](https://the-ration.com/leaderboard/cheapest-energy.md) — chart image: https://the-ration.com/charts/issues/feed/2026-09-10/leaderboard/cheapest-energy.png) - **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.* --- Canonical URL: https://the-ration.com/issues/2026-09-10