Update on Local Processing in Iowa: Ethanol and Soybean Processing

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2007-11-29
Authors
Hardy, Connie
Hurburgh, Charles
Shepherd, Howard
Hansen, Ray
Mortensen, Robert
Larson, Andrew
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Local processing of corn and soybeans in Iowa continues to expand production of food, feed, and fuel products. Opportunities for farmers to sell crops locally to processing plants as well as grain handling facilities are expanding. Iowa farmers are expected to produce in 2007 2,511,000 bu of corn and 443,000 bu of soybeans. With the rapid expansion ofbiofuels production, Iowa has become the national leader in both ethanol and biodiesel production. These two products alone offer markets for 43% of Iowa's corn production and the oil from 42% of Iowa's soybeans. Biodiesel differs from ethanol in that biodiesel uses one of two primary soybean crush products rather than raw grain.

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