A Biodiesel Board study found that biodiesel production has increased soy oil demand by 29% which translates into an 8.3% higher resulting soybean price. It adds $40,000 to an 800 acre corn/soybean rotation farm's income. The biodiesel industry also added value to livestock production by boosting tallow and lard values 36%. That added $1.11 per head to hog values.
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