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Agricultural Impacts of Biofuels Production

Published online by Cambridge University Press:  28 April 2015

Marie E. Walsh
Affiliation:
Department of Agricultural Economics, University of Tennessee, Knoxville, TN
Daniel G. De La Torre Ugarte
Affiliation:
Department of Agricultural Economics, University of Tennessee, Knoxville, TN
Burton C. English
Affiliation:
Department of Agricultural Economics, University of Tennessee, Knoxville, TN
Kimberly Jensen
Affiliation:
Department of Agricultural Economics, University of Tennessee, Knoxville, TN
Chad Hellwinckel
Affiliation:
Department of Agricultural Economics, University of Tennessee, Knoxville, TN
R. Jamey Menard
Affiliation:
Department of Agricultural Economics, University of Tennessee, Knoxville, TN
Richard G. Nelson
Affiliation:
Department of Engineering Extension, Kansas State University, Manhattan, KS

Abstract

Analysis of the potential to supply 25% of projected 2025 U.S. transportation fuels indicates sufficient biomass resources are available to meet increased demand while simultaneously meeting food, feed, and export needs. Corn and soybeans continue to be important feedstocks for ethanol and biodiesel production, but cellulose feedstocks (agricultural crop residues, energy crops such as switchgrass, and forestry residues) will play a major role. Farm income increases, mostly because of higher crop prices. Increased crop prices increase the cost of producing biofuels.

Type
Invited Paper Sessions
Copyright
Copyright © Southern Agricultural Economics Association 2007

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