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Department of Economics

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Iowa Department of Transportation. Project Partners: ... 92% of corn needs met by Iowa corn. Average corn shipping distance = 32 miles ... – PowerPoint PPT presentation

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Title: Department of Economics


1
Update on Iowa Grain/Biofuel Flow Survey
Tun-Hsiang (Edward) Yu Chad
Hart edyucard_at_iastate.edu chart_at_iastate.edu 515-
294-8015 515-294-9911 Iowa Renewable Fuels
Association Panora, Iowa September 11, 2008
Department of Economics
2
Supporting Organizations
Agribusiness Association of Iowa Iowa Biodiesel
Board Iowa Corn Promotion Board Iowa Farm Bureau
Federation Iowa Institute for Cooperatives Iowa
Renewable Fuels Association Iowa Soybean
Association Iowa Department of Economic
Development Iowa Department of Transportation
Project Partners Iowa Department of
Agriculture and Land Stewardship Iowa Office
of USDA-NASS
Thanks!
Department of Economics
3
Project Notes
Have preliminary draft of state-level results for
all sections of the survey Have computed CRD
information for grain marketers and handlers
sections The following is a preliminary summary
to update sponsors No formal announcement or
public release will be done before the final
report is made available to all sponsors Working
on surveys for 2007/08 crop year
Department of Economics
4
Participation
Department of Economics
5
Corn Processor Notes
38 indicated expansion of operations by
2012 Ethanol accounted for 85 of total dollar
sales 92 of corn needs met by Iowa
corn Average corn shipping distance 32
miles Average ethanol shipping distance By
truck in Iowa 98 miles By rail to other states
955 miles
Department of Economics
6
Ethanol Markets
Department of Economics
7
Dried Distillers Grains Markets
Department of Economics
8
Corn Processor Other Topics
15 have a specialty grain program now 31 plan
to have one by 2012 15 use a fractionation
process prior to fermentation 23 expect to
adopt the process by 2012 8 indicated they
extracted corn oil 50 indicated they would by
2012
Department of Economics
9
Corn Processors Infrastructure Ratings
Department of Economics
10
Corn Processor Hindrances
Department of Economics
11
Biodiesel Producer Notes
Some planned capacity expansion 2006/07 256
million gallons 2012 294 million
gallons 40 capacity utilization rate for
2006/07 70 indicated they were not looking to
add on-site crushing capacity 70 of soybean oil
purchased from Iowa sources average shipping
distance 114 miles (by truck)
Department of Economics
12
Biodiesel Producer Notes
Out-of-state soybean oil 68 shipped by truck,
average haul 126 miles 34 shipped by rail,
average haul 371 miles Iowa biodiesel
sales 65 shipped by truck, average haul 67
miles Out-of-state biodiesel sales 56 shipped
by truck, average haul 268 miles 44 shipped by
rail, average haul 1,167 miles Biodiesel
represented 94 of total dollar sales
Department of Economics
13
Biodiesel Markets
Department of Economics
14
Biodiesels Infrastructure Ratings
Department of Economics
15
Biodiesel Hindrances
Department of Economics
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