kaleb little - fueling livestock profitability

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Fueling Livestock Profitability Kaleb Little National Biodiesel Board 1

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Fueling Livestock

Profitability

Kaleb LittleNational Biodiesel Board

1

2014 Production

1.75 billion galllons biomass based diesel

Source: EIA 22M Survey

Animal Fats Important: 2013 usage of rendered

fats (animal fats and yellow grease) for

biodiesel was 22% annual production of rendered

fats.

Soybean Oil

51%

Canola Oil11%

Distillers Corn Oil

10%

Animal Fats10%

Recycled Oils13%

Other3%

Feedstock Utilized for Biodiesel Production2014

Soybean Basics

• 80% meal – 20% oil• 70% of oil produced in US goes into food &

feed• More protein = more soybean oil

Food? Fuel? Both!

Soybeans allow us to efficiently grow food, feed, fiber, and fuel on the same acre of land.

Reliance on Liquid Fuel