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U.S. ethanol production capacity increased more than threefold between 2002 and 2008. We study the effect of this … growth on corn acreage. Connecting annual changes in county-level corn acreage to changes in ethanol plant capacities, we … 500 acres and to increase acreage in surrounding counties up to almost 300 miles away. All ethanol plants are estimated to …
Persistent link: https://www.econbiz.de/10010914289
The economic competitiveness of biobased industries is discussed by comparing the South relative to other regions of the United States and biomass as a feedstock source relative to fossil fuels such as coal and petroleum. An estimate of the biomass resource base is provided. Estimated changes in...
Persistent link: https://www.econbiz.de/10005320825
This article presents current investment and operating costs of ethanol and biodiesel plants for alternative prices of … policy. The excise tax credit, currently $0.51 per gallon of ethanol and $1.00 per gallon of biodiesel, is a major …
Persistent link: https://www.econbiz.de/10005320930
First-generation grain ethanol biofuel has affected the historical excess capacity problem in U.S. agriculture. Second …-generation cellulosic ethanol biofuel has had difficulty achieving cost-competitiveness. Third-generation drop-in biofuels are under …
Persistent link: https://www.econbiz.de/10009368741
.S. ethanol industry. As with any competitive industry, some level of output price risk exists in the form of volatility; yet, no … actively traded ethanol futures market exists to mitigate output price risk. This study reports estimated minimum variance … cross-hedge ratios between Detroit spot cash ethanol and the New York Mercantile Exchange unleaded gasoline futures for 1 …
Persistent link: https://www.econbiz.de/10005801905
. Factors driving higher commodity prices are tight global supplies and increased demand of corn ethanol in the short term … corn ethanol, primarily because of high oil prices. Higher oil prices also increase fuel and energy costs, which increase …
Persistent link: https://www.econbiz.de/10005103120
We examined four evolution paths of the biofuel sector using a partial equilibrium world agricultural sector model in … new trend toward corn oil extraction in ethanol plants. At one extreme, one scenario eliminates all support to the biofuel … sector when the energy price is low, while the other extreme assumes no distribution bottleneck in ethanol demand growth when …
Persistent link: https://www.econbiz.de/10005103129
Increased demand for corn for ethanol production has helped push grain prices to record levels. This has increased …
Persistent link: https://www.econbiz.de/10005513861
continue to be important feedstocks for ethanol and biodiesel production, but cellulose feedstocks (agricultural crop residues …
Persistent link: https://www.econbiz.de/10005513911
model. As the price of corn continues to rise, ethanol producers will eventually need to look at other feedstock …The feasibility of integrating ethanol production into an existing sugar mill was analyzed by a stochastic spreadsheet … alternatives. Sugarcane has been proven to work well in the production of ethanol in Brazil. The results indicated existing U …
Persistent link: https://www.econbiz.de/10005513967