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Feed for Fuel: Coping with the New Reality

Feed for Fuel: Coping with the New Reality. 2009 Western Canadian Association of Swine Veterinarian’s Annual Conference Saskatoon, Saskatchewan October 16, 2009 Chad Hart Assistant Professor/Grain Markets Specialist chart@iastate.edu 515-294-9911. Crude Oil Prices. Source: EIA.

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Feed for Fuel: Coping with the New Reality

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  1. Feed for Fuel: Coping with the New Reality 2009 Western Canadian Association of Swine Veterinarian’s Annual Conference Saskatoon, Saskatchewan October 16, 2009 Chad Hart Assistant Professor/Grain Markets Specialist chart@iastate.edu 515-294-9911

  2. Crude Oil Prices Source: EIA

  3. Ethanol, “Fuel of the Future” Famous quote from Henry Ford Many early automobiles ran on ethanol The U.S. has gone through several waves of ethanol experimentation Photo Source: Nebraska Historical Society

  4. Ethanol Plant Map Source: Ethanol Producer Magazine

  5. Ethanol Production Source: F. O. Licht

  6. Ethanol Margins Source: ISU, CARD

  7. Renewable Fuels Standard (RFS) 50% GHG Emission Reduction 60% GHG Emission Reduction 20% GHG Emission Reduction If construction started after Dec. 2007

  8. Outside Influences (Jan. 2007 = 1)

  9. Hog Returns vs. Corn Prices Sources: ISU Extension, Farrow-to-Finish; USDA-NASS

  10. U.S. Corn Supply and Use Source: USDA

  11. U.S. Soybean Supply and Use Source: USDA

  12. U.S. Wheat Supply and Use Source: USDA

  13. Canadian Corn Supply and Use Sources: FAPRI Agriculture and Agri-Food Canada

  14. Canadian Soybean Supply and Use Sources: FAPRI Agriculture and Agri-Food Canada

  15. Canadian Wheat Supply and Use Sources: FAPRI Agriculture and Agri-Food Canada

  16. Factors Leading to Higher Commodity Prices Source: USDA-ERS, Trostle, July 2008

  17. Crude Oil Prices Sources: EIA, NYMEX

  18. Projected Ethanol Production Source: FAPRI

  19. Renewable Fuels Standard (RFS)

  20. Bio-based Market Opportunities Source: Informa Economics, Biobased Multi-Client Study, March 2006

  21. Biobased Pathways Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

  22. Dept. of Energy Projections Source: Energy Information Administration, Annual Energy Outlook 2009

  23. Draft Lifecycle GHG Reductions Source: EPA, May 2009

  24. Corn 1990 - 2006

  25. Corn

  26. U.S. Corn Supply and Use Source: FAPRI

  27. U.S. Soybean Supply and Use Source: FAPRI

  28. U.S. Wheat Supply and Use Source: FAPRI

  29. Canadian Corn Supply and Use Source: FAPRI

  30. Canadian Soybean Supply and Use Source: FAPRI

  31. Canadian Wheat Supply and Use Source: FAPRI

  32. U.S. Hog Statistics Source: FAPRI

  33. Canadian Hog Statistics Source: FAPRI

  34. Thank you for your time!Any questions?My web site:http://www.econ.iastate.edu/faculty/hart/

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