# Mysteel Data: Corn Gluten Meal and Soybean Meal Single-Protein Price Spread Trend (2026-11-09)

> On November 9, Shandong 60% corn gluten meal was quoted at 4,260 yuan per tonne and 43% soybean meal at 3,070 yuan per tonne. The reported price spread was -0.4 yuan per unit of protein, with a price ratio of 1.39; prices had fluctuated within narrow ranges in recent days.

- Date: 2026-11-09 · published 2026-11-09T07:36:42.606Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/89045-mysteel-data-corn-gluten-meal-and-soybean-meal-single-protein-price-spread
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The comparison indicates the relative cost of two protein ingredients for feed buyers, but the figures show little change in the spread and no clear new price pressure.

## Read by commodity

- CSM: neutral
- SBM: neutral

## Sources

- ncp.mysteel.com: https://ncp.mysteel.com/a/26110911/937C5657DA77E8C8.html
- ncp.mysteel.com: https://ncp.mysteel.com/a/26110915/DDD83D7865745482.html

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