Ethanol profitability calculator developed by Iowa State University researcher

January 14th, 2009

(PhysOrg.com) -- A researcher at Iowa State University has developed a tool to determine what market conditions are needed for ethanol producers to make a profit.

David Peters, an assistant professor of sociology in Iowa State's College of Agriculture and Life Sciences, has been getting questions about the profitability of ethanol plants under current market conditions and decided to create a spreadsheet that would allow anyone to figure it out for themselves.

"I've developed a model that inputs all the costs," he said. "Then it indexes it to corn prices and ethanol prices to determine profitability."

Read the full story