Key numbers
US feed by-products statistics (July 2026)
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Cheapest feed protein this week #
The cheapest source of feed protein this week is sunflower meal at $0.245 per lb of crude protein, 75% of soybean meal's cost on a dry-matter basis (USDA feedstuffs board).
Cheapest feed energy this week #
The cheapest source of feed energy this week is hominy feed at $0.076 per lb of TDN, 45% of corn's cost on a dry-matter basis (USDA feedstuffs board).
Corn benchmark #
Corn (US #2 yellow) is $260/ton (US #2 yellow corn, delivered ethanol plant, USDA).
Soybean meal benchmark #
Soybean meal is $328/ton (the protein benchmark, FOB, USDA).
DDGS price #
Distillers dried grains (DDGS) is $230/ton (distillers dried grains, FOB, USDA).
Corn gluten feed #
Corn gluten feed is $220/ton (USDA feedstuffs board).
Cottonseed meal #
Cottonseed meal is $273/ton (USDA feedstuffs board).
Whole cottonseed #
Whole cottonseed is $433/ton (USDA feedstuffs board).
Canola meal #
Canola meal is $300/ton (USDA feedstuffs board).
Soybean hulls #
Soybean hulls is $109/ton (USDA feedstuffs board).
Wheat middlings #
Wheat middlings is $145/ton (USDA feedstuffs board).
DDGS vs corn spread #
DDGS is $-104 versus corn on a $/ton as-fed basis this week (USDA feedstuffs board).
Ingredients tracked #
The Ration tracks 25 feed ingredients across 31 US trade regions from the USDA feedstuffs board, updated weekly, as of June 29, 2026.