# Wheat middlings vs corn spread Wheat middlings versus Corn (US #2 yellow): the raw $/ton spread, on a dry-matter basis, and on cost per pound of protein and energy _Data through Aug 17, 2026 · source last checked Aug 27, 2026 · page revised Aug 27, 2026_ > Wheat middlings is $28/ton under Corn (US #2 yellow) on a raw as-fed basis, but on the nutrient that matters here Wheat middlings is the cheaper source of a pound of TDN (energy) this week. A price screen, not a feeding recommendation. Wheat middlings is $28/ton under Corn (US #2 yellow) on an as-fed basis through August 17. On energy, wheat middlings costs $0.096 per pound of TDN against corn's $0.105, making it the cheaper source of energy this week. ## The numbers | Measure | Wheat middlings | Corn (US #2 yellow) | Difference (Wheat middlings − Corn (US #2 yellow)) | | --- | --- | --- | --- | | Price, $/ton as-fed | $135 | $163 | -$27 | | Price, $/ton dry matter | $152 | $185 | -$33 | | Cost per lb crude protein | $0.417 | $0.973 | -$0.556 | | Cost per lb TDN (energy) | $0.096 | $0.105 | -$0.009 | ## About Wheat middlings vs corn spread A raw $/ton spread is the starting point, not the answer. Two feeds at the same $/ton can deliver very different amounts of protein and energy per ton of dry matter, so the table above also shows each feed on a dry-matter basis and as a cost per pound of crude protein and per pound of TDN, the same math the nutrient-cost screening board runs. Basis: Corn (US #2 yellow) is the national Grain Co-Products plant input cost, while Wheat middlings is a fob plant feedstuff quote. Those are close but not identical bases, so treat the raw $/ton gap as indicative and add your own freight for a delivered comparison. **Nutritional limits.** Wheat middlings supply energy and protein but as fiber, not starch, so their energy is more variable and generally below corn's. They are also high in phosphorus relative to calcium, which has to be balanced; [Mississippi State University Extension](https://extension.msstate.edu/publications/feedstuffs-for-beef-cattle) covers the mill feeds for cattle. This is a price screen on one or two nutrients, not a feeding recommendation: inclusion rates, amino-acid balance, effective fiber and palatability are the nutritionist's call, not a price table's. ## About this data - Source: Derived from USDA AMS feedstuffs board prices - Series: Wheat middlings vs corn - Basis: Two feeds differenced, as-fed $/ton - Geography: National - Unit: $/ton - Calculation period: Weekly - Last observation: Aug 17, 2026 - Update frequency: Weekly --- Cite: Wheat middlings vs corn is n/a on a $/ton as-fed basis as of Aug 17, 2026 (USDA feedstuffs board). The Ration. https://the-ration.com/spread/wheat-middlings-vs-corn Canonical URL: https://the-ration.com/spread/wheat-middlings-vs-corn