Description

Book Synopsis
Ethanol production in the United States totalled almost 5 billion gallons in 2006, about 1 billion gallons more than in 2005. While this was a significant increase, further expansion in the industry is continuing, with production expected to exceed 10 billion gallons by 2009. This large and rapid expansion of U.S. ethanol production affects virtually every aspect of the field crops sector, ranging from domestic demand and exports to prices and the allocation of acreage among crops. Many aspects of the livestock sector are affected too. As a consequence of these commodity market impacts, farm income, government payments, and food prices also change. This book examines the economics of ethanol production and its impact on food prices and greenhouse gas emissions.

Ethanol Economics & Ethanol's Impact on Food

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A Hardback by Darlene E Marshall

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    View other formats and editions of Ethanol Economics & Ethanol's Impact on Food by Darlene E Marshall

    Publisher: Nova Science Publishers Inc
    Publication Date: 10/03/2011
    ISBN13: 9781608760817, 978-1608760817
    ISBN10: 1608760812
    Also in:
    Alternative and renewable energy sources

    Description

    Book Synopsis
    Ethanol production in the United States totalled almost 5 billion gallons in 2006, about 1 billion gallons more than in 2005. While this was a significant increase, further expansion in the industry is continuing, with production expected to exceed 10 billion gallons by 2009. This large and rapid expansion of U.S. ethanol production affects virtually every aspect of the field crops sector, ranging from domestic demand and exports to prices and the allocation of acreage among crops. Many aspects of the livestock sector are affected too. As a consequence of these commodity market impacts, farm income, government payments, and food prices also change. This book examines the economics of ethanol production and its impact on food prices and greenhouse gas emissions.

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