# Mysteel Daily: National Corn Byproduct Prices Mixed, Overall Market Weak and Steady (2026-11-09)

> Chinese corn byproduct prices were mixed on November 9: protein powder and sprayed corn fiber prices were mostly steady, while corn germ meal fell 10 yuan per tonne in Jining. The report said firmer corn prices offered some support, but weak soybean meal markets and high operating rates left supply exceeding demand; near-term prices were expected to remain weak and steady.

- Date: 2026-11-09 · published 2026-11-10T07:36:26.933Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/91438-mysteel-daily-national-corn-byproduct-prices-mixed-overall-market-weak-and
- Commodities: [Corn Gluten Meal](https://feedsoft.ai/c/CGM.md), [Corn Gluten Feed](https://feedsoft.ai/c/CGF.md)

## Why it matters

High output and weak demand are limiting price support for corn byproducts, while stronger corn input costs provide a partial counterweight. This suggests little near-term price strength for these feed ingredients.

## Read by commodity

- CGF: neutral
- CGM: neutral

## Sources

- ncp.mysteel.com: https://ncp.mysteel.com/a/26110917/6BB1D774D342711A.html

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