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USDA's 1998 Ethanol Cost-of-Production Survey

Author

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  • Shapouri, Hosein
  • Gallagher, Paul
  • Graboski, Michael S.

Abstract

In late 1999 and early 2000, USDA surveyed 28 ethanol plants, both wet and dry mills, to estimate their 1998 costs of production (net corn costs and cash variable costs). These ethanol plants processed more than 400 million bushels of corn and sorghum in 1998 to produce more than 1.1 billion gallons of ethanol. The average variable cost of production of ethanol (the sum of the net corn cost plus net variable operating costs) weighted by industry sector was 93.9 cents per gallon. The net feedstock cost averaged about 53 cents per gallon for dry mills and 48 cents per gallon for wet mills.

Suggested Citation

  • Shapouri, Hosein & Gallagher, Paul & Graboski, Michael S., 2002. "USDA's 1998 Ethanol Cost-of-Production Survey," Agricultural Economic Reports 308481, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerser:308481
    DOI: 10.22004/ag.econ.308481
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    Cited by:

    1. Dick, Ndukwe Agbai & Wilson, Paul, 2018. "Analysis of the inherent energy-food dilemma of the Nigerian biofuels policy using partial equilibrium model: The Nigerian Energy-Food Model (NEFM)," Renewable and Sustainable Energy Reviews, Elsevier, vol. 98(C), pages 500-514.
    2. Baker, Mindy Lyn, 2009. "Three essays concerning agriculture and energy," ISU General Staff Papers 200901010800001849, Iowa State University, Department of Economics.
    3. Bhattacharya, Suparna & Azzam, Azzeddine M. & Mark, Darrell R., 2009. "Ethanol and Meat in the U.S.: A Multi-Market Analysis," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49371, Agricultural and Applied Economics Association.
    4. O'Brien, Daniel M. & Woolverton, Mike & Maddy, Lucas & Pozo, Veronica F. & Roe, Joshua D. & Tajchman, Jenna R. & Yeager, Elizabeth A., 2008. "A Case Study of the Impact of Bioenergy Development Upon Crop Production, Livestock Feeding, and Water Resource Usage in Kansas," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6432, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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