Recently, the Ethanol Across America education program released a White Paper titled: Ethanol Economics from Ranch to Restaurant, authored by Chairman of the Nebraska Ethanol Board (NEB) Jim Jenkins. Jenkins is also cattleman and a restaurant owner. This White Paper presents a unique perspective on the impact of increased grain prices on his two businesses and how it may drive industry to more efficiency and greater profitability.
“A number of factors have led to the recent historic increase in commodity prices, but market forces are kicking in—creating stability, and profit opportunities for livestock producers, biofuels producers and the rural communities in which they live and do business,” noted Jenkins in the paper. “The advent of the biofuel industry is helping lead America out of decades of stagnant commodity prices—while, for the first time, providing consumers with a viable fuel choice for their vehicles.”
Ethanol Across America is a non-profit, non-partisan education campaign of the Clean Fuels Foundation and is sponsored by industry, government, and private interests. U.S. Senators Ben Nelson (D-NE) and Richard Lugar (R-IN), Co-Chairmen.