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Re: BonelessCat post# 4874

Sunday, 10/29/2006 4:44:56 PM

Sunday, October 29, 2006 4:44:56 PM

Post# of 63795
The cost per gallon of this fuel is the crux of the whole potential investment here. I have seen projection of more than 3 gallons & up to 5 gallons of biofuel per bushel of soybeans. Soybeans recently have been over $6.00 a bushel. If they are going to pay farmers $.25-$.50 per bushel more it will even be more cost just for the initial ingrediant. If we just use 5 gallons produced & $6.00 a bushel we get $1.20 per gallon. I think the $.50 per gallon must relate to other sources that are throw away products like switchgrass, etc. they would have to sell the same fertiziler produced from that same bushel of soy beans back to same farmer for at least $3.50 ($6.00-3.50 = 2.50/5 = $.50 per gallon (just for ingredient costs). Unless this is miracle fertiziler I suspect that price maybe too high of a cost.

I have also read that their biofuel mixtures must be mixed at a 50% mixture with EXISTING individual fuel (Gas, diesel, etc) to run in their respective engines (which is still a good accomplishment if true) The fuel will not run straight in their individual applications as some have posted.