India Opens Door to Duty-Free U.S. DDGS Imports, Pressuring Domestic Corn and Soybean Prices

On February 11, 2026, Reuters reported that Indian corn and soybean prices fell after New Delhi agreed to allow duty-free imports of U.S. soyoil and distillers dried grains with solubles (DDGS) under a new trade deal with Washington. DDGS is a corn-based ethanol byproduct widely used as a protein-rich ingredient in cattle feed.

According to the report, soybean and corn prices in India had fallen by 10% and 4% respectively since the interim trade framework was announced. Reuters also noted that domestic feed demand was weak, and traders were concerned that cheaper DDGS imports could add pressure to an already oversupplied market.

For feed raw material traders and livestock producers, this development shows how trade agreements can quickly reshape ingredient availability, pricing expectations, and procurement strategies. 

Source:
Reuters, “Indian corn, soybean prices fall as door opened to US imports,” February 11, 2026.