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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 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
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
Ethanol Plant Map Source: Ethanol Producer Magazine
Ethanol Production Source: F. O. Licht
Ethanol Margins Source: ISU, CARD
Renewable Fuels Standard (RFS) 50% GHG Emission Reduction 60% GHG Emission Reduction 20% GHG Emission Reduction If construction started after Dec. 2007
Hog Returns vs. Corn Prices Sources: ISU Extension, Farrow-to-Finish; USDA-NASS
U.S. Corn Supply and Use Source: USDA
U.S. Soybean Supply and Use Source: USDA
U.S. Wheat Supply and Use Source: USDA
Canadian Corn Supply and Use Sources: FAPRI Agriculture and Agri-Food Canada
Canadian Soybean Supply and Use Sources: FAPRI Agriculture and Agri-Food Canada
Canadian Wheat Supply and Use Sources: FAPRI Agriculture and Agri-Food Canada
Factors Leading to Higher Commodity Prices Source: USDA-ERS, Trostle, July 2008
Crude Oil Prices Sources: EIA, NYMEX
Projected Ethanol Production Source: FAPRI
Bio-based Market Opportunities Source: Informa Economics, Biobased Multi-Client Study, March 2006
Biobased Pathways Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025
Dept. of Energy Projections Source: Energy Information Administration, Annual Energy Outlook 2009
Draft Lifecycle GHG Reductions Source: EPA, May 2009
Corn 1990 - 2006
U.S. Corn Supply and Use Source: FAPRI
U.S. Soybean Supply and Use Source: FAPRI
U.S. Wheat Supply and Use Source: FAPRI
Canadian Corn Supply and Use Source: FAPRI
Canadian Soybean Supply and Use Source: FAPRI
Canadian Wheat Supply and Use Source: FAPRI
U.S. Hog Statistics Source: FAPRI
Canadian Hog Statistics Source: FAPRI
Thank you for your time!Any questions?My web site:http://www.econ.iastate.edu/faculty/hart/