Kaleb Little - Fueling Livestock Profitability
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Fueling Livestock Profitability - Kaleb Little, Communications Manager, National Biodiesel Board, from the 2015 Animal Agriculture Alliance Stakeholders Summit, The Journey to Extraordinary, May 6 - 7, 2015, Kansas City, MO, USA. More presentations at http://www.trufflemedia.com/agmedia/conference/2015-the-journey-to-extraordinary
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Kaleb Little - Fueling Livestock Profitability
- 1. Fueling Livestock Profitability Kaleb Little National Biodiesel Board 1
- 2. 2014 Production 1.75 billion galllons biomass based diesel
- 7. 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 52% Canola Oil 11% Distillers Corn Oil 10% Animal Fats 10% Recycled Oils 14% Other 3% Feedstock Utilized for Biodiesel Production 2014
- 8. Soybean Basics • 80% meal – 20% oil • 70% of oil produced in US goes into food & feed • More protein = more soybean oil
- 11. Food? Fuel? Both! Soybeans allow us to efficiently grow food, feed, fiber, and fuel on the same acre of land.
- 12. Reliance on Liquid Fuel
Editor's Notes
- Brief about NBB: We are the trade association with members in every state. Producers, distributors, feedstock orgs, all levels. Quick what is biodiesel: cleaner burning, renewable replacement for diesel fuel that can be blended and used in any diesel engine without modification.
- With more than 170 plants nationwide, biodiesel supports jobs in refining, distribution, transportation, and engineering as well as agriculture, and many rural economies.
- So what’s happening with biodiesel?
- Cleaner burning, renewable, biodegradable, non-toxic, 5.5:1 energy balance, domestically produced, higher cetane, high lubricity, diversifies transportation energy… Cetane 45-65
- Heavy, medium, light duty. Off-road, and on. Trains, trucks, buses, cities, counties, states, national parks, national treasures, and individuals from coast to coast. 250 mg of b100 in truckstop system
- Biodiesel is America’s first domestically produced, commercially available Advanced Biofuel. RFS-2 mandates 36 billion gallons of renewable fuel be used by obligated parties (i.e. refiners) by 2022. Conventional Biofuels category scheduled to be capped in 2015 with Advanced Biofuels growth beyond 15. Uniqueness of us needing to demonstrait yearly…the economic work that’s a baseline for this.
- - Approx. 11 Billion pounds of fats and oils used - 5.5 Billion pounds of soybean oil - The nearly 1 billion pounds of animal fats used are equal to 25% of all animal fats produced in the US. (985 million pounds into biodiesel. More than 1B with Renewable Diesel.)
- Meal contains pure protein, carbohydrate energy, and dietary fiber. Supplies a balance of required nutrient. (The oil in a whole soybean is far in excess of the fat fed to livestock.) Because of the fixed ratio: more protein = more oil. Whether growing more soybeans for plant protein, or growing more soybeans to feed livestock for more animal protein, more oil is co-produced. (And we already can’t consume all the oil that’s produced at current rates.)
- Everyone in Ag industry has probably seen this slide. What I would highlight is this middle portion, not the developed world and not the least developed. Biggest growth in protein demand worldwide (From soybean or ‘value added soybean’ in the form of animal protein.)
- White is 2007, black line is just 2030 projected growth. (Just over 20 years difference)
- Soybeans are grown for their protein, but hypothetically, if biodiesel demand led to us growing more soybeans, we would oversupply the protein market, which would cause a drop in protein (and soy carbohydrate) prices. Efficiency of growing food, feed, fiber, & fuel on the same acre. As world population goes up demand for all of these other products will increase too. Utilize the land resources we have to their fullest.
- Our economy depends on heavy duty equipment, which depends on diesel. Biodiesel is the least cost (Both Social and Economic) alternative and the economic data supports it. (Alan transition “The Data” portion of our unique efforts under the RFS each year to confirm it.)