There’s an overview of the US market for ethanol, the state of plant building and possible directions for the corn price, over at the Agrilife Extension of the Texas A&M University website. The credit crunch might have been a good thing for the profitability of the US ethanol industry according to Bill Tierney, former Kansas […]
Tag Archives | economics
Biofuels: is the cure worse than the disease? That is the question posed by Ron Steenblick, and Richard Doornbosch in a recent online publication.
The World Bank’s Development Prospects Group blames biofuels for rising food prices. For me the key passages in the 21page pdf are these. The United States is the largest producer of ethanol from maize and is expected to useabout 81 million tons for ethanol in the 2007/08 crop year. Canada, China and theEuropean Union used […]
Interesting post on Xeconomy blog looking at the situation at Imperium Renewables. While I’m not able to comment on the comapny’s situation, some of the issues facing the business of biodiesel in the US look pretty stark in the article. The most worrying is the quote from Michael Butler, chairman of Seattle-based Cascadia Capital and […]
The Gallagher Review into biofuels has a view on how the diversion of food into biofuel crops affects prices but its not clear. Partly that’s because it’s economics (if predicting the weather is hard, why do economists try to produce simple models when meteorologists don’t? )Gallagher says that the apparent impact of biofuels on food prices […]
Robert Rapier over on the R-squared Energy blog has a pretty good look at the economics of ethanol production in the US at the moment. It is hard to disagree with his conclusion that As long as the ethanol mandates are driving up the price of corn andincreasing the demand for and cost of natural […]
It is worth checking out John’s view of supply and demand in ethanol and corn.
Journeyman TV has a video on YouTube talking about the role of corn ethanol in areas like food prices and US automotive sector. Its worth looking at. I can’t embed it, which is a pity.
The FT has noticed that there’s a link between oil and palm oil prices in a piece in today’s edition. In as much of the article that the paper is making free, they say: The prospect of crude oil staying above $100 a barrel is pushing the price of palm oil to record highs as […]
I like this analysis of the US ethanol from corn market as it now stands and Geoffrey Styles, proposal for a smarter ethanol policy for the US. Styles points out that after 25 years’ of subsidies the US ethanol market is not economically viable. He says there is a strong case for shifting the focus […]