Economic Feasibility of Ethanol Production from Sweet Sorghum Juice in Texas

Brittany D. Morris, James Richardson (), Brian J. Frosch, Joe Outlaw and William L. Rooney

No 46852, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: The economic feasibility of producing ethanol from sweet sorghum juice is projected using Monte Carlo simulation models to estimate the price ethanol plants will likely have to pay for sweet sorghum and the uncertain returns for ethanol plants. Ethanol plants in high yielding regions will likely generate returns on assets of 11%-12% and in low yield areas the returns on assets will be less than 10%.

Keywords: Agribusiness; Agricultural Finance; Crop Production/Industries; Farm Management; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 22
Date: 2009-01-16
New Economics Papers: this item is included in nep-agr and nep-ene
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeana:46852

DOI: 10.22004/ag.econ.46852

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