growing feedstock for ethanol (corn, sorghum, wheat,sugarcane, and other grains) and major crops competing with feedstock for … land resources suchas oilseeds. We shock the model with exogenous changes in ethanol demand, first in the UnitedStates … for ethanol. Land moves awayfrom major crops and pasture competing for resources with feedstock crops. Because of the …

Brazilian ethanol markets using a multi-market international ethanol model calibrated on 2005 market data and policies. The … removal of trade distortions induces a 23.2 percent increase in the price of world ethanol on average between 2006 and 2015 … relative to the baseline. The U.S. domestic ethanol price decreases by 14.1 percent, which results in a 7.5 percent decline in …

Brazilian ethanol markets using a multi-market international ethanol model calibrated on 2005 market data and policies. The … removal of trade distortions induces a 23.9 percent increase in the price of world ethanol on average between 2006 and 2015 … relative to the baseline. The U.S. domestic ethanol price decreases by 13.6 percent, which results in a 7.2 percent decline in …

, first abaseline is set up for the EU-27 ethanol, grain, and drieddistillers grains markets. In the next step, two … tariffs in place. The second scenarioincorporates the same shock with the ethanol importtariffs removed. In the first scenario …, higher crude oilprices increase ethanol consumption, production, andtherefore grain prices. In the second scenario, theimpact …

trend toward corn oilextraction in ethanol plants. At one extreme, one scenario eliminates all support to the biofuelsector … when the energy price is low, while the other extreme assumes no distributionbottleneck in ethanol demand growth when the … energy price is high. The third scenarioconsiders a pure market force driving ethanol demand growth because of the high …

We analyze the impact of trade liberalization and removal of the federal tax credit in the United States on ethanol … markets using a multimarket international ethanol model. We find that U.S. trade barriers have been effective in protecting … the ethanol industry. Under current policy, there is separability of the U.S. ethanol market from world markets. With …