feedstocks are also estimated and show that the 20MGYplant can tolerate greater ethanol and feedstock price risk than the 10MGY …This study examines the financial feasibility of producing ethanol biofuel from sugar beets in central North Dakota … risks of production for a 10MGY (million gallon per year) and 20MGY ethanol plant. Study results indicate that feedstock …

A real option analysis of dry-grind corn ethanol plants compared to a standard net present value analysis (NPV) shows … large plant, the gross margin of ethanol price over the corn price for a gallon of ethanol using NPV shows that entry will … reactivate if margins rebounded to $0.66. Growth in the variability of ethanol margins will delay new plant investments, as well …

increase in U.S. ethanol production is 0.325, and the responsiveness of catfish farm prices is 0.064. Although both feed and … farm prices increase with ethanol production, the relatively small responsiveness of farm prices whencompared with feed … prices suggests that catfish farmers are worse off. Results are conditional on ethanol production causing an increase in …

In this study stylized gasoline blender’s optimal hedging strategy in the presence of ethanol mandates is analyzed. In … criterion as a measure of downside risk is utilized in obtaining the optimal hedge ratios. Based on the obtained results, the … Renewable Identification Number purchases do not reduce risk, hence, is not a good risk management tool in the presence of …

Corn ethanol plants consume large amounts of corn and their location has the potential to alter local crop prices and … surrounding agricultural land values. The relationship between ethanol plant location and agricultural land prices is examined … basis changes associated with ethanol plant location. As a result, the land markets appear to be rationally adjusting to the …

This paper examines the possibilities of breaking into the cellulosic ethanol market in south Louisiana via strategic …

increase in U.S. ethanol production is 0.325, and the responsiveness of catfish farm prices is 0.064. Although both feed and … farm prices increase with ethanol production, the relatively small responsiveness of farm prices when compared with feed … prices suggests that catfish farmers are worse off. Results are conditional on ethanol production causing an increase in …

In order to more fully study the risks and uncertainty involved in cellulosic ethanol production, we examine a …