# Ethanol cutbacks could bring feed protein shift - Brownfield Ag News

> A market analyst says ethanol plant slowdowns are pushing DDGS prices higher, spilling over into soybean meal and canola meal across the protein complex. Soybean meal spot prices rose about $40 in a short window before partially retracing from a peak near $335 to roughly $320-325 per ton. He expects soybean meal could return to around $380 per ton as domestic feed demand shifts away from DDGS.

- Date: 2020-03-27 · published 2020-03-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11209-ethanol-cutbacks-could-bring-feed-protein-shift-brownfield-ag-news
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower DDGS supply removes a competing feed ingredient, supporting soybean meal and canola meal prices while corn faces pressure from weak ethanol demand. Feed buyers should expect protein costs to firm relative to energy feeds.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/ethanol-cutbacks-could-bring-feed-protein-shift/

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