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Domestic DDGS prices were stable on November 12, with Heilongjiang high-fat DDGS at 2000-2140 yuan/t, Jilin at 2130-2280 yuan/t and Henan at 2150-2180 yuan/t. Downstream users are mostly drawing down inventories and buying as needed.
Soymeal futures fell, and feed mills are cutting soymeal inclusion rates because livestock farms are losing money.
Weak livestock margins are reducing feed demand, which caps soymeal and limits DDGS upside. Ethanol plant shipments are improving, which provides short-term support.
ncp.mysteel.comNov 13, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
