# Ethanol Production

Reference Case
Millions of Gallons 2017 2022 Corn Ethanol from Wet Mill Process 1,281 1,311 Corn Ethanol from Dry Mill Process 10,009 10,969 Sorghum Ethanol 3 16 Sweet Sorghum Ethanol 18 6 Bagasse Ethanol 185 229 Sweet Sorghum Pulp Ethanol 65 22



## Control Case
Millions of Gallons 2017 2022 Corn Ethanol from Wet Mill Process 1,391 1,391 Corn Ethanol from Dry Mill Process 13,594 13,594 Sweet Sorghum Ethanol 30 30 Switchgrass Ethanol 3,876 7,939 Softwood Logging Residue Ethanol 33 36 Hardwood Logging Residue Ethanol 75 74 Bagasse Ethanol 581 614 Corn Residue Ethanol 0 4,864 Wheat Residue Ethanol 42 77 Sweet Sorghum Pulp Ethanol 107 110



## Corn Only

Case
Millions of Gallons 2017 2022 Corn Ethanol from Wet Mill Process 1,391 1,391 Corn Ethanol from Dry Mill Process 10,007 10,966 Sweet Sorghum Ethanol 23 25 Switchgrass Ethanol 3,935 8,163 Softwood Logging Residue Ethanol 33 36 Hardwood Logging Residue Ethanol 75 73 Bagasse Ethanol 589 633 Corn Residue Ethanol 0 4,606 Wheat Residue Ethanol 0 110 Sweet Sorghum Pulp Ethanol 81 91



## Soybean Biodiesel Only Case
Millions of Gallons 2017 2022 Corn Ethanol from Wet Mill Process 1,391 1,391 Corn Ethanol from Dry Mill Process 13,594 13,594 Sweet Sorghum Ethanol 30 30 Switchgrass Ethanol 3,918 8,233 Softwood Logging Residue Ethanol 33 36 Hardwood Logging Residue Ethanol 75 73 Bagasse Ethanol 580 630 Corn Residue Ethanol 0 4,531 Wheat Residue Ethanol 0 99Sweet Sorghum Pulp Ethanol 107 110



## High Yield Reference Case
Millions of Gallons 2017 2022 Corn Ethanol from Wet Mill Process 1,281 1,311 Corn Ethanol from Dry Mill Process 10,009 10,969 Sorghum Ethanol 3 22 Sweet Sorghum Ethanol 18 0 Bagasse Ethanol 185 167 Corn Residue Ethanol 0 83 Sweet Sorghum Pulp Ethanol 65 0



## High Yield Control Case
Millions of Gallons 2017 2022 Corn Ethanol from Wet Mill Process 1,391 1,391 Corn Ethanol from Dry Mill Process 13,594 13,594 Sweet Sorghum Ethanol 30 30 Switchgrass Ethanol 187 3,228 Softwood Logging Residue Ethanol 0 36 Hardwood Logging Residue Ethanol 75 74 Bagasse Ethanol 515 637 Corn Residue Ethanol 3,829 9,628 Sweet Sorghum Pulp Ethanol 107 110



## High Yield Corn Only

Case
Millions of Gallons 2017 2022 Corn Ethanol from Wet Mill Process 1,391 1,391 Corn Ethanol from Dry Mill Process 10,007 10,966 Sweet Sorghum Ethanol 23 25 Switchgrass Ethanol 191 3,639 Softwood Logging Residue Ethanol 0 36 Hardwood Logging Residue Ethanol 75 74 Bagasse Ethanol 515 636 Corn Residue Ethanol 3,852 9,237 Sweet Sorghum Pulp Ethanol 81 91



## High Yield Soybean Biodiesel Only Case
Millions of Gallons 2017 2022 Corn Ethanol from Wet Mill Process 1,391 1,391 Corn Ethanol from Dry Mill Process 13,594 13,594 Sweet Sorghum Ethanol 30 30 Switchgrass Ethanol 172 3,245 Softwood Logging Residue Ethanol 0 36 Hardwood Logging Residue Ethanol 75 74 Bagasse Ethanol 516 634 Corn Residue Ethanol 3,844 9,615 Sweet Sorghum Pulp Ethanol 107 110

# Biodiesel Production

Reference Case
Millions of Gallons 2017 2022 Soybean Oil Biodiesel 104 120 Edible Tallow Biodiesel 23 24 Non-Edible Tallow Biodiesel 46 48 Lard Biodiesel 16 23 Yellow Grease Biodiesel 169 171



## Control Case
Millions of Gallons 2017 2022 Soybean Oil Biodiesel 659 659 Edible Tallow Biodiesel 23 24 Non-Edible Tallow Biodiesel 47 48 Lard Biodiesel 53 55 Non-Food Grade Corn Oil Biodiesel 542 681 Yellow Grease Biodiesel 257 253



## Corn Only

Case
Millions of Gallons 2017 2022 Soybean Oil Biodiesel 659 659 Edible Tallow Biodiesel 23 24 Non-Edible Tallow Biodiesel 47 48 Lard Biodiesel 54 55 Non-Food Grade Corn Oil Biodiesel 409 558 Yellow Grease Biodiesel 256 253



## Soybean Biodiesel Only Case
Millions of Gallons 2017 2022 Soybean Oil Biodiesel 104 120 Edible Tallow Biodiesel 23 24 Non-Edible Tallow Biodiesel 47 48 Lard Biodiesel 54 55 Non-Food Grade Corn Oil Biodiesel 540 680 Yellow Grease Biodiesel 258 253



## High Yield Reference CaseMillions of Gallons 2017 2022

Soybean Oil Biodiesel 104 120 Edible Tallow Biodiesel 23 24 Non-Edible Tallow Biodiesel 46 48 Lard Biodiesel 16 22 Yellow Grease Biodiesel 169 171



## High Yield Control Case
Millions of Gallons 2017 2022 Soybean Oil Biodiesel 659 659 Edible Tallow Biodiesel 23 24 Non-Edible Tallow Biodiesel 46 48 Lard Biodiesel 54 55 Non-Food Grade Corn Oil Biodiesel 542 681 Yellow Grease Biodiesel 257 253



## High Yield Corn Only

Case
Millions of Gallons 2017 2022 Soybean Oil Biodiesel 659 659 Edible Tallow Biodiesel 23 24 Non-Edible Tallow Biodiesel 47 48 Lard Biodiesel 54 55 Non-Food Grade Corn Oil Biodiesel 409 558 Yellow Grease Biodiesel 256 253



## High Yield Soybean Biodiesel Only Case
Millions of Gallons 2017 2022 Soybean Oil Biodiesel 104 120 Edible Tallow Biodiesel 23 24 Non-Edible Tallow Biodiesel 47 48 Lard Biodiesel 54 55 Non-Food Grade Corn Oil Biodiesel 540 680 Yellow Grease Biodiesel 258 253

# Acres and Yields

Corn Acres Thousands of A

cres

Base Yield 2017 2022 Reference Case 78,72377,902 Control Case 83,59681,465 Corn Only Case 79,11577,818 Biodiesel Only Case 84,34782,030

High Yield 2017 2022 Reference Case 70,23066,736 Control Case 75,34271,025 Corn Only Case 70,41768,821 Biodiesel Only Case 75,52071,115



## Corn Yields Bushels per A

cre

Base Yield 2017 2022 Reference Case 175.45186.28 Control Case 174.48 185.10 Corn Only Case 174.72 185.31 Biodiesel Only Case 174.44 185.32

High Yield 2017 2022 Reference Case 204.35232.08 Control Case 202.82232.89 Corn Only Case 204.00232.85 Biodiesel Only Case 203.51 232.81



## Soybean Acres Thousands of A

cres

Base Yield 2017 2022 Reference Case 67,25868,060 Control Case 67,19366,631 Corn Only Case 69,01467,968 Biodiesel Only Case 63,35863,118

High Yield 2017 2022 Reference Case 65,49665,105Control Case 67,551 64,109

Corn Only Case 68,171 65,188 Biodiesel Only Case 63,49863,737



## Soybean Yields Bushels per A

cre

Base Yield 2017 2022 Reference Case 44.44 45.26 Control Case 44.14 45.45 Corn Only Case 44.36 45.52 Biodiesel Only Case 44.39 45.39

High Yield 2017 2022 Reference Case 54.07 60.99 Control Case 53.43 60.24 Corn Only Case 53.82 60.47 Biodiesel Only Case 53.40 60.20

## Corn Prices

2007$ per Bushel

Base Yield 2017 2022 Reference Case $3.45 $3.32 Control Case $3.74 $3.60 Corn Only Case $3.62 $3.52 Biodiesel Only Case $3.69 $3.49

High Yield 2017 2022 Reference Case $3.07 $2.74 Control Case $3.14 $2.62 Corn Only Case $3.09 $2.60 Biodiesel Only Case $3.10 $2.62



## Soybean Prices 2007$ per Bushel

Base Yield 2017 2022 Reference Case $10.02 $9.85 Control Case $10.97$10.87 Corn Only Case $10.70$10.63 Biodiesel Only Case $10.52$10.44

High Yield 2017 2022 Reference Case $9.08 $8.44 Control Case $9.31 $8.69 Corn Only Case $9.25 $8.66 Biodiesel Only Case $9.10 $8.70



## Soybean Oil Prices 2007$ per Ton

Base Yield 2017 2022 Reference Case $499.79$483.10 Control Case $684.70$666.42 Corn Only Case $635.75$624.44 Biodiesel Only Case $558.57$540.54

High Yield 2017 2022 Reference Case $345.14$275.73 Control Case $389.93$345.14 Corn Only Case $375.73$345.14 Biodiesel Only Case $349.37$308.23

## Corn Production

Millions of Bushels

Base Yield 2017 2022 Reference Case 13,812 14,512 Control Case 14,586 15,079 Corn Only Case 13,823 14,420 Biodiesel Only Case 14,713 15,202

High Yield 2017 2022 Reference Case 14,352 15,488 Control Case 15,281 16,541 Corn Only Case 14,36516,025 Biodiesel Only Case 15,369 16,556



## Soybean Production
Millions of Bushels

Base Yield 2017 2022 Reference Case 2,989 3,080 Control Case 2,966 3,028 Corn Only Case 3,061 3,094 Biodiesel Only Case 2,813 2,865

High Yield 2017 2022 Reference Case 3,541 3,970 Control Case 3,609 3,862 Corn Only Case 3,669 3,942 Biodiesel Only Case 3,391 3,837



## Soybean Oil Production
Millions of 1000s of Lbs

Base Yield 2017 2022 Reference Case 19.84 20.56 Control Case 21.20 21.54 Corn Only Case 21.90 22.10 Biodiesel Only Case 18.72 19.12

High Yield 2017 2022 Reference Case 26.51 31.44 Control Case 27.99 30.90 Corn Only Case 28.50 31.64 Biodiesel Only Case 25.03 30.28

## Corn Exports

Millions of Bushels

Base Yield 2017 2022 Reference Case 2,191 2,281 Control Case 2,007 2,093 Corn Only Case 2,077 2,149 Biodiesel Only Case 2,025 2,168

High Yield 2017 2022 Reference Case 2,359 2,691 Control Case 2,322 2,813 Corn Only Case 2,345 3,055 Biodiesel Only Case 2,343 2,834



## Soybean Exports
Millions of Bushels

Base Yield 2017 2022 Reference Case 970 993 Control Case 833 858 Corn Only Case 862 874 Biodiesel Only Case 897 909

High Yield 2017 2022 Reference Case 917 896 Control Case 855 839 Corn Only Case 870 852 Biodiesel Only Case 900 868



## Soybean Oil Exports
Millions of 1000s of Lbs

Base Yield 2017 2022 Reference Case 4.20 4.62 Control Case 2.10 2.25 Corn Only Case 2.52 2.67 Biodiesel Only Case 3.36 3.60

High Yield 2017 2022 Reference Case 9.89 14.08 Control Case 7.34 9.91 Corn Only Case 7.84 10.66 Biodiesel Only Case 8.40 13.21