Agricultural Impacts of Biofuels Production
Marie E. Walsh,
Daniel De La Torre Ugarte (),
Chad M. Hellwinckel,
R. Jamey Menard and
Richard G. Nelson
Journal of Agricultural and Applied Economics, 2007, vol. 39, issue 2, 8
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.
Keywords: Agribusiness; Resource /Energy Economics and Policy (search for similar items in EconPapers)
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