As Senior Research Analyst, Sampath Jayasinghe is responsible for understanding clients’ data challenges, proposing potential solutions and working with clients to implement the appropriate research instrument to aid their decision-making processes.Sampath is originally from Sri Lanka. He received his BS in Agricultural Science, majoring Agricultural Economics from the University of Peradeniya at Kandy, Sri Lanka in 1999. He received his M.S. in Agricultural Economics and Business from the University of Guelph, Ontario, Canada in 2003. Sampath then moved to Iowa to attend Iowa State University where he earned both his Masters coursework (2004) and Ph.D. (ABD) in Economics. Prior to joining Decision Innovation Solutions, Sampath worked for the Center for Agricultural and Rural development (CARD) at Iowa State University and the Institute of Policy Studies (IPS) in Colombo, Sri Lanka.Sampath’s research involvement has been in the areas of international trade, agricultural and environmental policy analysis and empirical corporate finance. Sampath has authored several articles that have been included in refereed journals such as the American Journal of Agricultural Economics, the Review of Agricultural Economics, Agricultural Economics and the Journal of Environmental Quality.
In this short report, we look at the amount of corn and sorghum crushed for fuel ethanol production. This data analysis work is based on the Grain Crushing and Co-Products Production report published by the USDA National Agricultural Statistics Service (USDA-NASS).
Yellow grease (YG) and choice white grease (CWG) are marginal value commodities. YG can be many products such as used cooking oil, lower quality fat from slaughter houses and rendering plants. CWG is mainly rendered porcine fat. Both YG and CWG are used to produce livestock and poultry feed as a fat source. They are also used in biodiesel production as feedstocks.
Stronger feed trial experimental design and analysis can give the competitive edge necessary to remain ahead, and provide the best inputs to producers and by default the highest quality products to the consumers of animal products.
Soybean oil is the most dominant edible oil in the U.S. domestic fats and oils market. Relative abundant supply and cheaper soybean oil are the main reasons behind its dominance in local markets. Approximately 88 percent of total soybean oil production is domestically utilized with the remaining 12 percent exported.
Brazil's government scandal brought its currency, the Real, down approximately 7 percent within the last 24 hours. This large drop in the Brazil's currency has made U.S. soybean uncompetitive and less attractive in the international soybean market.
Pure or traditional biodiesel is known as Fatty Acid Methyl Ester (FAME) and renewable diesel (also known as Hydrotreated Vegetable Oil or HVO) often are confused. They are both made from organic biomass, but are different products due to their production process and quality attributes.
How can economic research and engineering work together toward the common goal of informing funding policies and decisions in order to prioritize limited dollars and maximize return on investment?
According to the most recent Weekly Ethanol Plant Production report from the Energy Information Administration (EIA), U.S. ethanol production reached 1.049 million barrels per day for the week ending January 6th 2017. Correspondingly, weekly ending stocks of fuel ethanol are at 20.009 million barrels as published by EIA's Weekly Supply Estimates report.
The Weekly Petroleum Status Report released November 9, 2016 by the U.S. Energy Information Administration (EIA) indicates weekly U.S. refiner and blender net input of fuel ethanol was 923,000 barrels per day for the week ending November 4, 2016. The Weekly Supply Estimates from EIA shows the weekly U.S. product supplied of finished motor gasoline was 9,213,000 barrels per day for the same time period.
Ethanol D6 RIN prices that had been $0.36 per RIN at the end of September 2015 rocketed to $0.97 per RIN by mid-July 2016.Now it has slowly settled into the $0.86–$0.88 range by mid-September 2016.
Last June, I happened to read an interesting article “American Drivers Regain Appetite for Gas Guzzlers” from The New York Times. Americans have renewed their interest in bigger cars, pickup trucks, and sport utility vehicles over more fuel efficient small cars mainly due to falling gasoline prices. Later, in July, the Monthly Energy Review from the Energy Information Administration (EIA) reported that the U.S. domestic transportation sector is now the biggest producer of green-house gas (GHG)..
Future growth in ethanol demand will mainly depend on the development of a long-term policy framework driven to create innovative ethanol consumption programs, such as E15, midlevel blends, and E85 blends. Use of intermediate blends are needed to increase the amount of ethanol consumption in the domestic fuel market to meet the Renewable Fuel Standard (RFS).
Commercial scale cellulosic ethanol production has gained reasonable momentum during the first 4-months in 2016. Last October, the world's largest cellulosic ethanol plant with capacity of 30 million gallons per year was opened in Nevada, Iowa. Most of the cellulosic ethanol produced at this plant will likely be purchased by refiners and blenders in California to fulfill the state's carbon credit program. More detail about the California low carbon fuel credit program can be found at our Iowa St
Last November 30, the EPA published its final rulemaking for the 2014-2017 time period of the Renewable Fuel Standard (RFS), which was enacted in 2007. The biodiesel mandate was slightly increased compared to the preliminary proposal released on May 29, 2015. The volumetric requirements for 2014, 2015,...
I was looking for a reasonable definition of the word "Analytics". This term is used everywhere in business nowadays and having some background in economics and statistical analysis, I am very curious about the new knowledge that it could add to what I do. Particularly, business analytics...
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