# Mysteel Morning Report: DDGS Prices Adjust Within a Narrow Range as Downstream Buyers Purchase as Needed (20261106)

> Chinese DDGS prices were stable, with downstream users purchasing only as needed. Higher corn prices raised production costs, while weaker soybean meal prices narrowed the price gap between the two feed ingredients; DDGS deals in Heilongjiang, Jilin and Henan were cited at 2,000–2,280 yuan per tonne.

- Date: 2026-11-06 · published 2026-11-06T15:07:39.898Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/84097-mysteel-morning-report-ddgs-prices-adjust-within-a-narrow-range-as-downstream
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher corn costs provide some support to DDGS prices, but weaker soybean meal prices and cautious feed buyers limit upside. Prices are expected to adjust within a narrow range.

## Read by commodity

- SBM: bearish ▼
- DDGS: neutral

## Sources

- ncp.mysteel.com: https://ncp.mysteel.com/a/26110608/B349E3B9306B05D9.html

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