1 / 11

Iowa’s Position in Global Agriculture and Bioenergy

Explore Iowa's prominent position in global agriculture and bioenergy, including rankings, alternative energy sources, and factors influencing crop prices and production worldwide. Learn about Iowa's contributions to ethanol, biodiesel, and wind energy production.

parkeralbert
Download Presentation

Iowa’s Position in Global Agriculture and Bioenergy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Iowa’s Position in Global Agriculture and Bioenergy Chad Hart chart@iastate.edu 515-294-9911 ISU Extension ANR Lunch and Learn Bioeconomy Community Conversation II: Food, Feed, and Fuel Ames, Iowa October 3, 2008

  2. Iowa’s Agricultural Rankings 1st: Corn Production Soybean Production Field Crop Value Egg Production Hog Inventory Hog Value on Farm Commercial Hog Slaughter Crop Harvested Area 2nd: Pig Crop Red Meat Production Total Crop Value 3rd: Number of Farms 4th: Net Farm Income Alfalfa Hay Production Steers – 500 Lbs. & Over 5th: Oat Production Cattle & Calves on Feed 6th: Heifers – 500 Lbs. & Over 7th: All Cattle & Calves 8th: All Hay Production All Sheep & Lambs 10th: Land in Farms Calf Crop Turkeys Raised Source: USDA-NASS

  3. Iowa’s Alternative Energy Sources Ethanol: 32 plants in operation 12 plants under construction Ranked 1st in ethanol production Biodiesel: 14 plants in operation 2 plants under construction Wind: Ranked 4th in wind energy production Ranked 1st in ratio of wind/total energy

  4. Value of Production Source: USDA-ERS

  5. Factors Behind Higher Crop Prices • Strong export demand • Weak U.S. dollar • Biofuel growth worldwide • Over 40 countries pursuing biofuels • Lower crop production in several countries • Higher income in developing countries • Growing world population

  6. Cost of Purchased Inputs Source: USDA-ERS

  7. Net Farm Income Source: USDA-ERS

  8. World Crop Production Rest-of-World Soybean Production Up 1076% Rest-of-World Corn Production Up 99% Rest-of-World Wheat Production Up 63% Source: USDA-PSD Database

  9. Projected World Crop Production Source: FAPRI, 2008 Baseline

  10. Factors Behind Higher Crop Prices • Strong export demand • Weak U.S. dollar • Biofuel growth worldwide • Over 40 countries pursuing biofuels • Lower crop production in several countries • Higher income in developing countries • Growing world population

  11. Thanks for your time! Any questions?

More Related