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Marketplace provides data relevant to the production of biofuels from biomass as well as the state of the petroleum markets in which biofuels are used. Cost fluctuations in the price of a bushel of soybeans, the main biodiesel feedstock, and corn, affect the finished products i.e., biofuels. Key indicators in the petroleum industry provide a snapshot of the supply of finished products stocks and production, and how they relate to demand and the price of finished product (i.e. gasoline and diesel). The tables show actual grain prices, indicators which may affect gasoline prices, and the production of ethanol. |
| Grain Prices Received by Farmers |
September 2007 |
September 2006 |
% Change |
24 Months |
| Corn ($/bushel) |
3.19 |
2.20 |
45% |
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| Soybean ($/bushel) |
8.34 |
5.24 |
59% |
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| Spot Prices W. Tex. Int Cush & Henry Hub |
September 2007 |
September 2006 |
% Change |
24 Months |
| W. Tex. Int Cush ($/Bbl) |
79.91 |
63.80 |
25% |
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| Henry Hub ($/MMBtu) |
6.096 |
5.219 |
17% |
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| Oxygenate Production |
July 2007 |
July 2006 |
% Change |
24 Months |
Ethanol Production (1,000 bbl) |
13,051 |
9,791 |
33% |
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MTBE Production (1,000 bbl) |
2,088 |
3,103 |
-33% |
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Data Sources:
U.S. DOE-Energy Information Administration, "Weekly Petroleum Status Report" and "Monthly Oxygenate Report"; USDA-National Agricultural Statistics Service, "Agricultural Prices","Grain Stocks"; Wall Street Journal, Markets Data, Spot Prices, Oil Prices | | | Web Capture last updated at 5/16/2008 12:24 PM |
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