# Soybean hulls vs corn spread Soybean hulls 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 24, 2026 · source last checked Sep 3, 2026 · page revised Sep 3, 2026_ > Soybean hulls is $34/ton under Corn (US #2 yellow) on a raw as-fed basis, but on the nutrient that matters here Soybean hulls is the cheaper source of a pound of TDN (energy) this week. A price screen, not a feeding recommendation. Soybean hulls are $34 a ton under corn on an as-fed basis, or $43 cheaper per ton on a dry-matter basis. On cost per pound of TDN (energy), hulls cost $0.101 versus corn at $0.113, making hulls the cheaper source of energy this week. ## The numbers | Measure | Soybean hulls | Corn (US #2 yellow) | Difference (Soybean hulls − Corn (US #2 yellow)) | | --- | --- | --- | --- | | Price, $/ton as-fed | $140 | $174 | -$34 | | Price, $/ton dry matter | $156 | $198 | -$43 | | Cost per lb crude protein | $0.627 | $1.044 | -$0.416 | | Cost per lb TDN (energy) | $0.101 | $0.113 | -$0.012 | ## About Soybean hulls 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 Soybean hulls 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.** Soybean hulls are a digestible-fiber energy source, not a starch feed. They pencil close to corn only on forage-based diets; in high-grain rations their energy value falls well short. [Mississippi State University Extension](https://extension.msstate.edu/publications/feedstuffs-for-beef-cattle) flags a bloat risk above roughly 7 pounds a day and a choking risk in pelleted form. 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: Soybean hulls vs corn - Basis: Two feeds differenced, as-fed $/ton - Geography: National - Unit: $/ton - Calculation period: Weekly - Last observation: Aug 24, 2026 - Update frequency: Weekly --- Cite: Soybean hulls vs corn is n/a on a $/ton as-fed basis as of Aug 24, 2026 (USDA feedstuffs board). The Ration. https://the-ration.com/spread/soybean-hulls-vs-corn Canonical URL: https://the-ration.com/spread/soybean-hulls-vs-corn