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dc.contributor.advisorThompson, Wyatteng
dc.contributor.authorGreen, Traviseng
dc.coverage.spatialUnited Stateseng
dc.date.issued2008eng
dc.date.submitted2008 Summereng
dc.descriptionThe entire dissertation/thesis text is included in the research.pdf file; the official abstract appears in the short.pdf file (which also appears in the research.pdf); a non-technical general description, or public abstract, appears in the public.pdf file.eng
dc.descriptionTitle from title screen of research.pdf file (viewed on August 12, 2009)eng
dc.descriptionThesis (M.S.) University of Missouri-Columbia 2008.eng
dc.description.abstractWith the signing of the Energy Independence and Security Act of 2007 (EISA), much attention is being given to the biofuel mandates included in the act. Biodiesel use is mandated to increase from 500 million gallons in 2009 to one billion gallons in 2012. This increased use of biodiesel may have a big impact on U.S. agriculture over the next few years. The newly added biodiesel demand could potentially affect the demand for fats and oils and the hierarchy of their prices. The primary objective of this study is to determine how the fats and oils market is affected by the addition of the newly expanded biodiesel demand. A secondary objective of this study is to estimate some elasticities for the industrial side of the fats and oils market. A third objective, which is also an intermediate stage, is to introduce biodiesel demand, based on the assumption of very elastic demand at a break-even price that takes account of some petroleum-based diesel price and other input costs. The results show that tax credits and the mandates will play a significant role in biodiesel's future. Without these incentives biodiesel will not be as profitable. The results help us to understand current policies and provisions, as well as a way to look at different scenarios that might affect future policies.eng
dc.description.bibrefIncludes bibliographical referenceseng
dc.identifier.merlinb70623843eng
dc.identifier.oclc430214241eng
dc.identifier.urihttps://doi.org/10.32469/10355/5642eng
dc.identifier.urihttps://hdl.handle.net/10355/5642
dc.languageEnglisheng
dc.publisherUniversity of Missouri--Columbiaeng
dc.relation.ispartofcommunityUniversity of Missouri--Columbia. Graduate School. Theses and Dissertationseng
dc.rightsOpenAccess.eng
dc.rights.licenseThis work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License.
dc.subject.lcshBiodiesel fuelseng
dc.subject.lcshOils and fatseng
dc.subject.lcshAgriculture -- Economic aspectseng
dc.titleAn impact analysis on how biodiesel demand affects the fats and oils marketeng
dc.typeThesiseng
thesis.degree.disciplineAgricultural economics (MU)eng
thesis.degree.grantorUniversity of Missouri--Columbiaeng
thesis.degree.levelMasterseng
thesis.degree.nameM.S.eng


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