Fuel costs for farming operations?

(quoted from post at 18:56:54 10/11/18) Are you saying a gallon of bio-grade soybean oil costs $1.30 more per gallon, so a B10 blend by your numbers costs 13 cents more.

Or are you saying a blend of biodiesel costs $1.30 more than a gallon of straight diesel?

I?m gonna try to understand you here, and not shoot the messenger.

Could I ask when that study was made, as well? If they are referencing $5 beans, that would be the 1990s maybe? Economics have changed a
lot since then, which could tilt things one way or the other quite a bit.

For some time, bio blends were indeed expensive so I?m really really gonna try to go through with you, and not opposed right off the bat.

Just want to be sure where you are coming from.

Paul

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(quoted from post at 02:28:58 10/12/18) I guess we can read all kinds of things on the internet.

Reality in 2018 charts says a 2-20% biodiesel blend is cheaper than straight diesel. Pure biodiesel is a little bit more than straight diesel.

Probably has to do with the lubricity diesel needs now that sulfur has need stripped out. Need to add something, soybean oil happens to work
well, if no bio is used, you need to add something else that?s kinda expensive.

Anyhow, even pure soy diesel is only 31 cents more than diesel. Blends appear to be lower cost than diesel.

No where does your $1.30 come into play?

But I?m sure we can read it someplace.

Paul

This years prices

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(quoted from post at 13:26:05 10/12/18) To quote Mark Twain, "lies, damn lies, and statistics".

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(quoted from post at 11:37:10 10/12/18) Yea I know Tank. I guess my chart came from a govt site that was just fuel data, they weren?t pushing an agenda. I don?t know how to do any
more than that, if we don?t trust data (and I do hear you on the overload of agenda driven data!) then we really can?t even have a conversation.
Because you will supply infor from Texas and Oklahoma that I?m going to have troubles believing.

Looking up that chart, I passed over a whole lot of industry data sites, I know that wouldn?t fly, heck I?d suspect them too. I found a Berkeley
(typically anti-Ag) study that thought biodiesel was marginally good and actually showed ethanol is far cheaper than gasoline, but it went on and
on and on in dull and difficult to figure charts and points, so I didn?t put that up.

I live in amongst quite a few ethanol plants, and we have mighty cheap corn here. The basis is always bad. Our corn is a lot cheaper than corn
in Texas or Virginia or Illinois. So making ethanol here is kinda cheap. The alternative is shipping the corn 1/2 way across the country. So it?s
really cheap to use it here.

I live with a couple of soybean squeezing plants near me. Soybeans also are pretty cheap, we have a lot of bad basis, beans are a buck
cheaper than you hear on the radio CBOT. Nobody wants to buy a whole soybean around here. They are worthless. A few places want some
oil, but most it needs to get shipped far away. What people around here want is the soybean meal for feed. So we get a lot of soy oil sitting
around in giant tanker farms, and what to do with it? Costs money to ship it away. Makes it darn cheap to process it into diesel fuel blend.

And really, that?s all I know. We raise a product here, we process it here,, and we use it here. It?s a pretty cheap process. With pretty cheap
grains, the end product is pretty cheap.

I don?t know where you get your $1.30 from, but if you won?t believe a simple chart, and I should believe your $1.30..... well, yea ok. We can all
read a whole lot of ?facts? on Facebook, of course that makes you right. you betcha.

You have a good day. We will probably disagree on this again some day.

Paul

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