Showing 1 - 10 of 24
. We focus on predictability in distribution by asking whether ethanol returns can be used to forecast different parts of … of the ethanol returns distribution can be predicted by using field crops returns. On the contrary, there is no evidence … that ethanol can be used to forecast any region of the field crops or cattle returns distributions. …
Persistent link: https://www.econbiz.de/10010752931
traditional commodity crops, in a case study of switchgrass production in Tennessee. Assuming short-term contracts, we consider …
Persistent link: https://www.econbiz.de/10010752932
Consumption of high-ethanol gasoline blends must increase if United States renewable biofuel mandates are to rise above … current levels as envisioned by the Renewable Fuel Standard. One such blend is E85 which contains no more than 85% ethanol and … existing fleet of flex vehicles is sufficient to accommodate more than 15billiongallons of ethanol without a large price …
Persistent link: https://www.econbiz.de/10010939464
This paper examines the price transmission mechanisms between domestic ethanol and imported ethanol in the US market … domestically produced ethanol, imported ethanol, and other relevant products (gasoline, crude oil, and corn). The rejection of weak … exogeneity of the imported ethanol price and corn price implies that these two prices would adjust to changes in the price …
Persistent link: https://www.econbiz.de/10010752922
U.S. ethanol policies have contributed to changes in the levels and the volatilities of revenues and costs facing … ethanol firms. The implications of these policies for optimal investment behavior are investigated through an extension of the … conditions in the late-1990s would have led to some plant closures. We also show that, regardless of plant size, U.S. ethanol …
Persistent link: https://www.econbiz.de/10010868699
and restore prices to their long-run trends. The main policy implications are that oil, gasoline, and ethanol market …
Persistent link: https://www.econbiz.de/10010868717
Ethanol crush spreads are used to model the value of a facility which produces ethanol from corn. A real option … expected real option net present value. We present evidence of increased correlation between corn and ethanol prices, perhaps …
Persistent link: https://www.econbiz.de/10010868724
and ethanol markets and explores statistical evidence for the link. We propose that a long-run no-profit condition is … established in distant futures markets for ethanol, corn and natural gas and then use the theory of storage to define an inter …
Persistent link: https://www.econbiz.de/10010588007
prices, itemized as three own pairs for three different bio-fuel ethanol types, three own pairs for three related … the agricultural products and an ethanol futures price. Most of the spreads' asymmetric adjustments generally occur during … narrowing. The three ethanol pairs that contain the eCBOT futures with each of Chicago spot, New York Harbor spot and Western …
Persistent link: https://www.econbiz.de/10010588011
In 2010, the U.S. Environmental Protection Agency announced a waiver allowing an increase in the fuel–ethanol blend …
Persistent link: https://www.econbiz.de/10011100119