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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. |
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| Grain Prices Received by Farmers |
January 2007 |
January 2006 |
% Change |
24 Months |
| Corn ($/bushel) |
3.23 |
2.00
|
61.50% |
 |
| Soybean ($/bushel) |
6.42 |
5.87 |
9.37% |
 |
|
| Spot Prices W. Tex. Int Cush & Henry Hub |
December 2006 |
December 2005 |
% Change |
24 Months |
| W. Tex. Int Cush ($/Bbl) |
61.96 |
59.41
|
3.58% |
 |
| Henry Hub ($ per MMbtu) |
7.207 |
13.425 |
-46.32% |
 |
|
| Fuel Supply |
January 2007 |
January 2006 |
% Change |
24 Months |
| Percent Refinery Utilization |
89.80 |
88.38 |
1.61% |
 |
| Production by Product - Finished Motor Gasoline (1,000 bbl/d) |
9,216 |
8,726 |
5.62% |
 |
| Stocks - Finished Motor Gasoline (1,000 bbl) |
121,444 |
138,077 |
-12.05% |
 |
| Imports - Total Motor Gasoline (1,000 bbl/d) |
1,055 |
972 |
8.57% |
 |
|
| Oxygenate Production |
November 2006 |
November 2005 |
% Change |
12 Months |
Ethanol Production
(1,000 bbl) |
10,279 |
8,259 |
24.46% |
 |
MTBE Production
(1,000 bbl) |
1,482 |
3,530 |
-58.02% |
 |
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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 | |
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