# India's ethanol drive has created a feed market no ministry is tracking

> Nearly three-fourths of India's ethanol now comes from grain, mainly maize, with distilleries producing DDGS as a protein feed. The USDA estimates DDGS supply to India's feed sector at 3.2 million tonnes in 2024-25 and forecasts 4.2 million tonnes for 2025-26, while no official Indian series tracks it. Soymeal use in Indian feed is estimated to have fallen as DDGS use rose.

- Date: 2026-11-15 · published 2026-11-15T06:07:10.457Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/100749-india-s-ethanol-drive-has-created-a-feed-market-no-ministry-is-tracking
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Growing Indian DDGS output adds protein feed supply that competes with soymeal, pressuring soymeal demand and supporting a shift toward DDGS in feed formulations. The rise in maize and rice diversion to ethanol also tightens grain supplies for feed.

## Read by commodity

- SBM: bearish ▼
- CORN: bullish ▲
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-08-13 | [Brazil's central bank had no reason to intervene in FX amid 'accelerated weakening'](https://feedsoft.ai/events/11942-brazil-s-central-bank-had-no-reason-to-intervene-in-fx-amid-accelerated.md) | -2.6% | -0.3% |
| SBM | 2017-12-19 | [China’s changing feed industry \| World-grain.com \| December 19, 2017 17:33 \| World Grain](https://feedsoft.ai/events/67467-china-s-changing-feed-industry-world-grain-com-december-19-2017-17-33-world.md) | -1.0% | +3.1% |
| SBM | 2024-06-28 | [Brazil's Campos Neto says a lack of confidence in handling of public accounts impacts market prices](https://feedsoft.ai/events/29987-brazil-s-campos-neto-says-a-lack-of-confidence-in-handling-of-public-accounts.md) | +5.3% | -2.8% |
| SBM | 2025-02-24 | [Oilseed crush industry sees unprecedented growth, reshaping grain and feed industries \| Feed & Grain](https://feedsoft.ai/events/26171-oilseed-crush-industry-sees-unprecedented-growth-reshaping-grain-and-feed.md) | -1.1% | +1.6% |
| SBM | 2024-12-18 | [Brazil's real hits record low as markets eye govt spending \| Reuters](https://feedsoft.ai/events/27143-brazil-s-real-hits-record-low-as-markets-eye-govt-spending-reuters.md) | +1.6% | +2.5% |
| CORN | 2021-12-01 | [Factors Expected to Drive the 2022 Corn Market](https://feedsoft.ai/events/44073-factors-expected-to-drive-the-2022-corn-market.md) | +8.0% | +4.8% |
| CORN | 2023-10-31 | [US dollar falls as markets believe Fed is done hiking rates \| Reuters](https://feedsoft.ai/events/11457-us-dollar-falls-as-markets-believe-fed-is-done-hiking-rates-reuters.md) | +1.1% | -3.7% |
| CORN | 2020-06-11 | [Ethanol industry seeing signs of recovery](https://feedsoft.ai/events/52619-ethanol-industry-seeing-signs-of-recovery.md) | +1.0% | +5.3% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/indias-ethanol-drive-has-created-a-feed-market-no-ministry-is-tracking/article71702687.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.