Does biodiesel impact food cost?
Not directly, Petroleum cost is the largest driver of food prices. Several factors drive crop prices including seasonal weather, crop output, transportation costs and demand. On a positive note, American farmers have seen a small increase in crop value based on biodiesel driven demand. As such, biodiesel fuelstocks provide a dependable market for American farmers, helping to stabilize their income. The characteristics of biodiesel fuelstocks also provide an opportunity to expand into unused available land, offering additional revenue to our domestic farmers.
