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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 ($/bushel) 3.19 2.20 45%
Soybean ($/bushel) 8.34 5.24 59%
Spot Prices W. Tex. Int Cush & Henry Hub September 2007

September  2006

% Change 24 Months
W. Tex. Int Cush ($/Bbl) 79.91 63.80 25%
Henry Hub ($/MMBtu) 6.096 5.219 17%
Fuel Supply

September 2007  

September 2006

% Change 24 Months
Percent Refinery Utilization 90.03 92.86 -3%
Production by Product - Finished Motor Gasoline (1,000 bbl/d) 8,995 9,166 -2%
Stocks - Finished Motor Gasoline (1,000 bbl) 104,405 115,824 -10%
Imports - Total Motor Gasoline (1,000 bbl/d) 1,0761,123-4%
Oxygenate Production

July 2007

July 2006 % Change

24 Months

Ethanol Production
(1,000 bbl)
13,051 9,791 33%
MTBE Production
(1,000 bbl)
 2,088 3,103 -33%

 

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 

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