Ethanol and Biodiesel Boost Bottom Line for Farmers
by Steve White (Nebraska TV) … Kelly Brunkhorst, executive director of the Nebraska Corn Board said, “You’re talking about 1,300 direct employ jobs across the state, across rural Nebraska, that’s key. Having those jobs and tax base there.”
“It’s building because of export demand too. Having those markets right here in the US allows us to build strong economy, keep jobs in Nebraska,” Brunkhorst said.
Soy biodiesel demand has skyrocketed a thousand percent in the last decade, and that also means more soybean meal as a byproduct, as producers crush more soybeans for their oil.
“As more meal becomes available in the market place, it’s going to reduce the cost for livestock producers, so they can include that soybean meal ration that’s really high in protein and positive amino acids for cheaper,” Guiney (Drew Guiney, director of market development for the Soybean Board) said.