Social and Behavioral Sciences Commons^™

Distillers' Grains: Past, Present, And Future Economic Analyses, Daniel E. Gertner

Department of Agricultural Economics: Dissertations, Theses, and Student Research

This thesis is comprised of four chapters, each of which discusses or conducts economic research related to the distillers’ grains market. The first three chapters are meant to be standalone papers. Chapter four provides potential paths forward in distillers’ grains research based on the findings of the first three chapters and concludes the thesis.

The first chapter conducts a comprehensive literature review that categorizes and summarizes economic research on distillers’ grains products. This section shows how the physical market has moved beyond the current academic understanding of market products and structure. Existing research finds that traditional distillers’ grains products positively …

Sweet Sorghum As Feedstock In Great Plains Corn Ethanol Plants: The Role Of Biofuel Policy, Richard Perrin, Lilyan E. Fulginiti, Subir Bairagi, Ismail Dweikat

Department of Agricultural Economics: Faculty Publications

This research examines whether sweet sorghum, a crop considered more drought-tolerant and suitable for semi-arid areas than corn, could result in an economically viable sweet sorghum ethanol pathway in the Great Plains. We find that that if the D5–D6 RIN price spread exceeds the $0.35/gal recently experienced, the benefits of the pathway would be equivalent to about $90/acre of sweet sorghum, or $0.38/gal of ethanol. Because of sparse cultivation potential, only four the six existing plants in the Nebraska–Colorado High Plains area might expect transportation costs to be low enough for economic feasibility.

Opportunities For Nebraska In Future Carbon Markets: Final Technical Report For Ncesr Project 3-#303, Richard K. Perrin, Adam J. Liska, Lilyan E. Fulginiti

Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature

This study was funded to explore potential opportunities for Nebraska in future carbon markets, most explicitly those opportunities related to the possibility of replacing fossil fuels with biomass at Nebraska corn ethanol plants. The most direct and significant finding is that biomass-fired CHP (combined heat and power) technology is not economically viable for Nebraska corn ethanol plants under current conditions. We estimate in the study that corn stover price would have to be at least $50 per ton of dry matter for the requisite amounts to be delivered to any of the three ethanol plant locations considered (Adams, Norfolk and …

Ethanol And Food Prices - Preliminary Assessment, Richard K. Perrin

Department of Agricultural Economics: Faculty Publications

Food prices in the U.S. rose dramatically in 2007 and early 2008. Given the integration of the world markets for foodstuffs, prices increased around the world as well, leading to riots in a number of countries in early 2008. The popular press has tended to attribute these food price increases to demand for corn by the ethanol industry. Grain prices are one determinant of food prices, but they constitute less than 5% of food costs in the U.S.(a higher percentage elsewhere.) This paper focuses on the likely relationship between ethanol and food prices, ignoring the potential role of other important …

Grain Ethanol - Why Consider Food For Fuel?, Richard K. Perrin

Department of Agricultural Economics: Faculty Publications

Current U.S. energy policy encourages additional ethanol production through a combination of subsidies and mandates. Grain ethanol production converts a potential food into fuel. Concerns have been expressed that this drives up the price of food, and could contributed to world hunger problems. Other objections to grain ethanol have been raised: it might not reduce greenhouse gases much if at all; intensified cropping could deteriorate environmental resources, and it might increase smog in cities. Why, then, do proponents favor increased grain ethanol production? It is possible that it will educe greenhouse gas emissions; it can reduce petroleum imports, it can …