{"id":413,"date":"2014-03-04T09:45:21","date_gmt":"2014-03-04T13:45:21","guid":{"rendered":"http:\/\/blog.uvm.edu\/cwcallah\/?p=413"},"modified":"2020-10-19T14:24:22","modified_gmt":"2020-10-19T18:24:22","slug":"oilseed-economics-update-2014","status":"publish","type":"post","link":"https:\/\/blog.uvm.edu\/cwcallah\/2014\/03\/04\/oilseed-economics-update-2014\/","title":{"rendered":"Oilseed Economics Update 2014"},"content":{"rendered":"<p>Yesterday we held our annual Oilseed Producer&#8217;s Meeting.\u00a0 At this meeting, I presented an <a href=\"http:\/\/blog.uvm.edu\/cwcallah\/files\/2014\/03\/Oilseed-Economics-Overview-2014-03-03-Burlington-VT-CALLAHAN-Compatibility-Mode.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">economic overview of oilseeds in Vermont<\/a>.\u00a0 Ina nutshell, Vermont has an installed on-farm biodiesel capacity of 600,000 gal\/yr (5 sites) with a normalized initial cost of $1\/gal of capacity (better than national average). Fuel can be produced for an average cost of $2.13\/gal, and meal can be produced at an average cost of $340\/ton.\u00a0 The greenhouse gas emissions associated with this model are 60-100% better than US avg oilseed production (net sink) while the average energy return on energy invested (EROEI) is 4 to 1 (i.e. 4 gallons produced for every gallon used in production.\u00a0 The model is on-farm production for on-farm use; i.e. cost avoidance.<\/p>\n<p>This study made use of the <a href=\"http:\/\/www.vsjf.org\/resources\/reports-tools\/oilseed-calculator\" target=\"_blank\" rel=\"noopener noreferrer\">Vermont Oilseed Cost and Profit Calculator,<\/a> a tool we have developed over the years to collect all the enterprise costs associated with an on-farm oilseed operation that may turn the crop into meal, oil, and\/or biodiesel.\u00a0 It helps growers and others interested in the topic arrive at specific product costs and compare those costs to market prices.\u00a0 We also have summarized three different likely oilseed enterprise scenarios in e report titled <a href=\"http:\/\/www.vsjf.org\/assets\/files\/VBI\/VT%20Oilseed%20Enterprises_July_2013.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Vermont On-Farm Oilseed Enterprises: Production Capacity and Breakeven Economics<\/a>. This work has had strong support from the <a href=\"http:\/\/vermontbioenergy.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Vermont Bioenergy Initiative<\/a> of the <a href=\"http:\/\/www.vsjf.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Vermont Sustainable Jobs Fund<\/a> and has been accomplished in close cooperation with the <a href=\"http:\/\/www.uvm.edu\/extension\/cropsoil\/oilseeds\" target=\"_blank\" rel=\"noopener noreferrer\">UVM Extension Northwest Crops and Soils Program<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday we held our annual Oilseed Producer&#8217;s Meeting.\u00a0 At this meeting, I presented an economic overview of oilseeds in Vermont.\u00a0 Ina nutshell, Vermont has an installed on-farm biodiesel capacity of 600,000 gal\/yr (5 sites) with a normalized initial cost of $1\/gal of capacity (better than national average). Fuel can be produced for an average cost &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blog.uvm.edu\/cwcallah\/2014\/03\/04\/oilseed-economics-update-2014\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Oilseed Economics Update 2014&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1174,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[50618,50626,684047],"tags":[],"class_list":["post-413","post","type-post","status-publish","format-standard","hentry","category-biofuels","category-past-projects","category-energy-on-the-farm","entry"],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"Chris Callahan","author_link":"https:\/\/blog.uvm.edu\/cwcallah\/author\/cwcallah\/"},"_links":{"self":[{"href":"https:\/\/blog.uvm.edu\/cwcallah\/wp-json\/wp\/v2\/posts\/413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.uvm.edu\/cwcallah\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.uvm.edu\/cwcallah\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.uvm.edu\/cwcallah\/wp-json\/wp\/v2\/users\/1174"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.uvm.edu\/cwcallah\/wp-json\/wp\/v2\/comments?post=413"}],"version-history":[{"count":3,"href":"https:\/\/blog.uvm.edu\/cwcallah\/wp-json\/wp\/v2\/posts\/413\/revisions"}],"predecessor-version":[{"id":3217,"href":"https:\/\/blog.uvm.edu\/cwcallah\/wp-json\/wp\/v2\/posts\/413\/revisions\/3217"}],"wp:attachment":[{"href":"https:\/\/blog.uvm.edu\/cwcallah\/wp-json\/wp\/v2\/media?parent=413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.uvm.edu\/cwcallah\/wp-json\/wp\/v2\/categories?post=413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.uvm.edu\/cwcallah\/wp-json\/wp\/v2\/tags?post=413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}