us grain ethanol industry outlook hosein shapouri usda office of energy policy & new uses eia forecasting conference washington dc march 27 2006 overview current agriculture system resource base major use cropland crops coarse grains wheat soybeans and all hay world s agricultural problems conclusions large farm size highly capital intensive high tech hybrid genetically modified seeds precision farming variable rate technology yield mapping center pivot irrigation systems etc provide food fiber nonfood for domestic export markets creates excess production declining prices index 1960 2004 0 20 40 60 80 100 120 196 1 3 5 7 9 197 97 198 199 2 00 200 1999 2000 developed developing source fao un biomass feedstocks containing starch roots sugar beets cane sweet sorghum oil rapeseed peanuts byproducts molasses cheese whey animal fats tallow lard forestry residues organic
