| 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 the finished products i.e., biofuels. Key indicators in the petorelum industry provide a snapshop of how tight, finished products stocks and production are as they relate to supply, thereby affecting 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 Recieved by Farmers |
October 2005 |
October 2006 |
% Change |
Last 24 Months |
| Corn ($/bushel) |
1.82 |
2.70
|
48% |
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| Soybean ($/bushel) |
5.67 |
5.46 |
-4% |
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| Fuel Supply |
October 2005 |
October 2006 |
% Change |
Last 24 Months |
| Percent Refinery Utilization |
76 |
88 |
15.14% |
 |
| Production by Product - Finished Motor Gasoline (1,000 bbl/d) |
8,132 |
8,807 |
8.31% |
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| Stocks - Finished Motor Gasoline (1,000 bbl) |
127 |
116 |
-8.68% |
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| Imports - Total Motor Gasoline (1,000 bbl/d) |
1,356 |
981 |
-27.67% |
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| Oxygenate Production |
August 2005 |
August 2006 |
% Change |
Last 24 Months |
Ethanol Production (1,000 bbl) |
8,050 |
10,185 |
26.52% |
 |
MTBE Production (1,000 bbl) |
4,657 |
3,022 |
-35.11% |
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Data Sources: U.S. DOE-Energy Information Administration, "Weekly Petroleum Status Report", "Monthly Oxygenate Report" USDA-National Agricultural Statistics Service, "Agricultural Prices," "Grain Stocks" | |
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