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The volatility of the biofuels industry has created another reason for farmers to consider producing “on- farm energy.”
Producing biofuel on the farm has the potential to help farmers become more independent by developing a more stable and secure fuel supply, as well as benefit the environment and prolong equipment life. But first they must study and understand the process, the risks, and opportunities.
As little as a year ago, biodiesel production was expected to rise rapidly, as it had for several years. But the sudden fall in crude oil prices changed the direction of the production curves.