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Distillers Dried Grain Soluble (DDGS) Prices, Demand and Supply Overview
In China, the highest-cost reporting region, Distillers Dried Grain Soluble (DDGS) prices rose roughly 2.3% in Q3 2026, moving from close to USD 266/MT in Q2 to about USD 272/MT in Q3, and it was a recovery in corn prices and firmer export demand that most plausibly shaped the move. Across the tracked regions, the global average rose from near USD 228/MT in Q2 to just under USD 234/MT in Q3, a gain of just above 2.6%. For Q4 2026, a global average of roughly USD 222 to 246/MT is expected, with corn prices, ethanol run rates, and export demand guiding the range.
Distillers dried grains with solubles, or DDGS, are made by drying the solid residue from grain fermentation together with the condensed solubles, and the product is sold as a feed ingredient with about thirty percent protein. It goes into rations for dairy and beef cattle, pigs, poultry, and fish, replacing part of the corn and soybean meal, with ruminant and swine feed taking the largest share of demand. Corn and soybean meal prices, ethanol production rates, export demand, and ocean freight rates all feed into the price.
Distillers Dried Grain Soluble (DDGS) Price Forecast for 2026
The balance of supply and demand for DDGS through the end of 2026 leans firm. American spot prices held a seasonal premium after the early July grain rally, and export buyers stayed active. Brazilian output keeps growing, which caps the upside in Asian and European markets.
The main upside risk is a further rise in corn prices or stronger Asian buying that lifts prices above the forecast range. The main downside risk is a large corn crop, trade restrictions on shipments, or faster Brazilian export growth, which would pull prices below the forecast.
| Region | 2026 Price Range (USD/MT) | Outlook |
| Global Average | 222 - 246 | Corn strength guides the range |
| United States | 205 - 227 | Rising ethanol output keeps Brazil lowest |
| Brazil | 195 - 215 | Wheat and import links hold a middle level |
| Europe | 231 - 255 | Domestic supply keeps the United States competitive |
| China | 258 - 286 | Import controls hold the top |
For the Quarter Ending September 2026
Distillers Dried Grain Soluble (DDGS) Prices Q3 2026:
- United States: USD 216/MT
- Brazil: USD 205/MT
- Europe: USD 243/MT
- China: USD 272/MT
Distillers Dried Grain Soluble (DDGS) Prices in United States
In the United States, the Distillers Dried Grain Soluble (DDGS) price moved to roughly USD 216/MT in Q3 2026, a rise of about 2.9% from close to USD 210/MT in Q2 2026. The quarter was shaped largely by firmer corn prices, and stronger export demand met little resistance.
Why did the price of Distillers Dried Grain Soluble (DDGS) change in Q3 2026 in United States?
Higher ocean freight costs lifted buying across the quarter, and what also helped was restocking by hog feed mills. When the two forces came together, they pushed the United States price to roughly USD 216/MT.
Distillers Dried Grain Soluble (DDGS) Prices in Brazil
Brazil Distillers Dried Grain Soluble (DDGS) prices averaged near USD 205/MT in Q3 2026, up just above 2.5% from just under USD 200/MT in Q2 2026. It was stronger export demand that did most of the lifting, with lower ethanol plant run rates adding support.
Why did the price of Distillers Dried Grain Soluble (DDGS) change in Q3 2026 in Brazil?
The quarter turned on Restocking by hog feed mills, with firm demand from aquaculture feed makers arriving at almost the same moment. Fast growing corn ethanol output has made Brazil a low cost and expanding source. Together they carried the Brazil average to near USD 205/MT.
Distillers Dried Grain Soluble (DDGS) Prices in Europe
The Europe market for Distillers Dried Grain Soluble (DDGS) closed Q3 2026 on an average of roughly USD 243/MT, a gain of about 3.0% on close to USD 236/MT in Q2 2026. What carried the move was lower ethanol plant run rates, while higher ocean freight costs kept buying interest alive.
Why did the price of Distillers Dried Grain Soluble (DDGS) change in Q3 2026 in Europe?
Buyers in Europe responded to Firm demand from aquaculture feed makers, which might have been the reason that firmer corn prices found a ready audience. The average for the quarter came to roughly USD 243/MT.
Distillers Dried Grain Soluble (DDGS) Prices in China
Distillers Dried Grain Soluble (DDGS) in China averaged near USD 272/MT through Q3 2026, rising just above 2.3% from just under USD 266/MT the quarter before. It appears that higher ocean freight costs set the tone, and restocking by hog feed mills helped the gains hold.
Why did the price of Distillers Dried Grain Soluble (DDGS) change in Q3 2026 in China?
Firmer corn prices lifted buying across the quarter, and what also helped was stronger export demand. When the two forces came together, they pushed the China price to near USD 272/MT.
For the Quarter Ending June 2026
Distillers Dried Grain Soluble (DDGS) Prices Q2 2026:
- United States: USD 210/MT
- Brazil: USD 200/MT
- Europe: USD 236/MT
- China: USD 266/MT
Distillers Dried Grain Soluble (DDGS) Prices in United States
The United States market for Distillers Dried Grain Soluble (DDGS) closed Q2 2026 on an average of roughly USD 210/MT, a gain of about 2.4% on close to USD 205/MT in Q1 2026. What carried the move was lower ethanol plant run rates, while higher ocean freight costs kept buying interest alive.
Why did the price of Distillers Dried Grain Soluble (DDGS) change in Q2 2026 in United States?
The quarter turned on Firm demand from aquaculture feed makers, with firmer corn prices arriving at almost the same moment. Ethanol plants sell directly to feeders and exporters, so spot prices follow corn and export demand. Together they carried the United States average to roughly USD 210/MT.
Distillers Dried Grain Soluble (DDGS) Prices in Brazil
Distillers Dried Grain Soluble (DDGS) in Brazil averaged near USD 200/MT through Q2 2026, rising just above 2.6% from just under USD 195/MT the quarter before. It appears that higher ocean freight costs set the tone, and restocking by hog feed mills helped the gains hold.
Why did the price of Distillers Dried Grain Soluble (DDGS) change in Q2 2026 in Brazil?
Buyers in Brazil responded to Firmer corn prices, which might have been the reason that stronger export demand found a ready audience. The average for the quarter came to near USD 200/MT.
Distillers Dried Grain Soluble (DDGS) Prices in Europe
In Europe, the Distillers Dried Grain Soluble (DDGS) price moved to roughly USD 236/MT in Q2 2026, a rise of about 2.6% from close to USD 230/MT in Q1 2026. The quarter was shaped largely by restocking by hog feed mills, and firm demand from aquaculture feed makers met little resistance.
Why did the price of Distillers Dried Grain Soluble (DDGS) change in Q2 2026 in Europe?
Stronger export demand lifted buying across the quarter, and what also helped was lower ethanol plant run rates. When the two forces came together, they pushed the Europe price to roughly USD 236/MT.
Distillers Dried Grain Soluble (DDGS) Prices in China
China Distillers Dried Grain Soluble (DDGS) prices averaged near USD 266/MT in Q2 2026, up just above 2.3% from just under USD 260/MT in Q1 2026. It was firm demand from aquaculture feed makers that did most of the lifting, with firmer corn prices adding support.
Why did the price of Distillers Dried Grain Soluble (DDGS) change in Q2 2026 in China?
The quarter turned on Lower ethanol plant run rates, with higher ocean freight costs arriving at almost the same moment. Import quotas and freight costs keep the Chinese price the highest of the four regions. Together they carried the China average to near USD 266/MT.
Quarterly Distillers Dried Grain Soluble (DDGS) Price Trends
Seen from the buyer side, the global Distillers Dried Grain Soluble (DDGS) average opened the window at close to USD 233/MT in Q2 2025, moved to about USD 223/MT in Q3 and near USD 218/MT in Q4, then firmed to just under USD 223/MT in Q1 2026, firmed to just above USD 228/MT in Q2 and firmed to roughly USD 234/MT in Q3 2026, a net gain of close to 0.4% over the window. Corn prices, ethanol run rates, and export demand drove the overall price pattern.
| Quarter | Price (USD/MT) | QoQ Change | Direction |
| Q3 2026 | 234 | +2.6% | ↑ Rising |
| Q2 2026 | 228 | +2.2% | ↑ Rising |
| Q1 2026 | 223 | +2.3% | ↑ Rising |
| Q4 2025 | 218 | -2.2% | ↓ Falling |
| Q3 2025 | 223 | -4.3% | ↓ Falling |
| Q4 2026 | In Progress | - | - In Progress |
What was Distillers Dried Grain Soluble (DDGS) Price in 2025?
DDGS prices declined through 2025 as ethanol output stayed high and corn eased, and they recovered gradually in 2026. The global average eased from about USD 246/MT in Q1 2025 to near USD 218/MT by Q4, a full-year decline of just under 11.4%.
Distillers Dried Grain Soluble (DDGS) Prices in United States in 2025
The United States prices eased from just above USD 230/MT in Q1 2025 to roughly USD 200/MT by Q4, a decline of close to 13.0%. It was a recovery in corn prices and solid export demand that shaped the year.
Distillers Dried Grain Soluble (DDGS) Prices in Brazil in 2025
Through 2025 the Brazil average slid from about USD 215/MT in Q1 to near USD 190/MT in Q4, a drop of just under 11.6%. What shaped the year was growing corn ethanol output and rising domestic demand from feed mills.
Distillers Dried Grain Soluble (DDGS) Prices in Europe in 2025
Through 2025 the Europe average slid from about USD 255/MT in Q1 to near USD 225/MT in Q4, a drop of just under 11.8%. What shaped the year was firm feed grain prices and steady demand from pig and dairy farms.
Distillers Dried Grain Soluble (DDGS) Prices in China in 2025
China prices eased from just above USD 285/MT in Q1 2025 to roughly USD 255/MT by Q4, a decline of close to 10.5%. It was restricted import volumes and steady demand from hog and aquaculture feed mills that shaped the year.
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Expert Market Research tracks Distillers Dried Grain Soluble (DDGS) prices continuously across every major producing and consuming region. The team traces causation through corn economics, ethanol run rates, and export demand. Contact Expert Market Research today for Distillers Dried Grain Soluble (DDGS) pricing data, bespoke market analysis, and strategic procurement advisory.
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Frequently Asked Questions About This Report
Ruminant and swine feed take the largest share. DDGS replaces part of the corn and soybean meal in cattle, pig, poultry, and fish rations.
The Q3 2026 average was just above USD 216/MT in the United States, roughly USD 205/MT in Brazil, close to USD 243/MT in Europe, and about USD 272/MT in China. China carried the highest cost, on import controls and freight costs.
The global average rose from near USD 228/MT in Q2 to just under USD 234/MT in Q3 2026, a gain of just above 2.6%. Firmer corn prices and stronger export buying drove the quarterly gain.
Corn rallied in early July, American spot prices ignored the usual seasonal dip, and export buyers kept covering. Sellers moved offers up through the quarter.
The global average is expected between roughly USD 222 and USD 246/MT for Q4 2026. Corn prices, ethanol run rates, and export demand are expected to guide the range, with a stable to firm bias.
China holds the premium on import controls and freight, Europe holds a middle level, and Brazil and the United States price lowest on direct ethanol supply.
This page is revised once a month. Readers who need faster refreshes can ask the Expert Market Research team for live data.
Prices respond mainly to corn and soybean meal prices, ethanol production rates, export demand, and ocean freight rates.
The United States is the largest producer and exporter, followed by Brazil, Canada, and Europe.
Buyers can use quarterly trends to time feed contracts, watch corn and export demand as the lead signals, and compare Brazilian and American offers.
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