Economic Feasibility of Ethanol Production from Sweet Sorghum Juice in Texas Report as inadecuate




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The economic feasibility of producing ethanol from sweet sorghum juice is projected using Monte Carlo simulation models to estimate the price ethanol plants will likely have to pay for sweet sorghum and the uncertain returns for ethanol plants. Ethanol plants in high yielding regions will likely generate returns on assets of 11%-12% and in low yield areas the returns on assets will be less than 10%.

Keywords: Sweet Sorghum ; Ethanol ; Monte Carlo Simulation

Subject(s): Agribusiness

Agricultural Finance

Crop Production/Industries

Farm Management

Risk and Uncertainty

Issue Date: Jan 16 2009

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/46852

Total Pages: 22

JEL Codes: D20 G10 D81 C15

Series Statement: Selected Paper

Record appears in: Southern Agricultural Economics Association (SAEA) > 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia





Author: Morris, Brittany D. ; Richardson, James W. ; Frosch, Brian J. ; Outlaw, Joe L. ; Rooney, William L.

Source: http://ageconsearch.umn.edu/record/46852?ln=en







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