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Category Archives: economics

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A Tale of Two Biodiesel Feedstocks – Winners and Losers

Biomass Rules Posted on August 19, 2024 by Mark JennerAugust 19, 2024

Last week, USDA, Economic Research Service (ERS) posted this chart on used oil as feedstocks in biodiesel production.  This USDA chart indicated that we are pulling undervalued fats, oils, and greases into higher valued uses as transportation fuel.  This promotes … Continue reading →

Posted in economics, policy, wealth creation | Tagged a tale of two biodiesel feedstocks – winners and losers, air quality, biodiesel, capacity, difficult-to-monetize, domestic use, export markets, FAME, fats, federal policy, greases, oils, quality of life, renewable diesel, state policy, tale of two biodiesel feedstocks, water quality, winners and losers | Leave a reply

Long-Run Illinois Land Values – What the Function?

Biomass Rules Posted on August 16, 2024 by Mark JennerAugust 16, 2024

Ok. This is certainly overkill, but I can’t stop sharing. There was a lot of interest in the last post, Midwest Land Prices Only Increase in the LONG View.  But it gets EVEN cooler. Two of the lines in this … Continue reading →

Posted in analytics, economics, science | Tagged ag economic, exponential trend, functional forms, Illinois, intercept, interest, land values, long-run, long-run Illinois land values - what the function, magic, models, slope, time value of money, what the function | Leave a reply

Midwest Land Prices Only Increase in the LONG View

Biomass Rules Posted on August 12, 2024 by Mark JennerAugust 16, 2024

Ten years ago, while working for University of Missouri – Extension, I had the privilege of joining a curriculum development team on estate and farm transfers.  We developed the idea of a case, or at least believable story, to go … Continue reading →

Posted in analytics, economics, science | Tagged appreciation, depreciation, exponential growth, Illinois, inflation, inflation-adjusted, land, land in farms, long view, Midwest land prices, Midwest land prices only increase in the long view, Missouri, NASS, National Ag Statistics Service, only increase, USDA | Leave a reply

The Junior Livestock Sale – a Secret Life of Rural Communities

Biomass Rules Posted on August 6, 2024 by Mark JennerJanuary 4, 2025

The Bond County Fair happens the first weekend in August each year.  A summer highlight is the Junior Livestock Sale.   Once 4-H livestock projects have been completed, the show animals are auctioned off. This year’s sale was last night, 8/5/24. … Continue reading →

Posted in economics, Secret Life of Rural Communities, wealth creation | Tagged community philanthropy, county fair, financial capital, junior livestock sale, market price, rural communities, secret life, social capital, support, the junior livestock sale - a secret life of rural communities, value paid, wealth creation, youth | Leave a reply

Plant Based Energy Values – The Science of Harvesting the Sun

Biomass Rules Posted on July 26, 2024 by Mark JennerJuly 26, 2024

The emerging bioeconomy is effectively starting at the system level and moving down to individual market activities.  A constant for millions of years is photosynthesis.  It captures solar energy – everyday for millions of years – and converts it to … Continue reading →

Posted in economics, policy, production, science | Tagged $/MMBTU., bioeconomy, bioenergy, carbohydrates, carbon, carbon dioxide, carbon intensity, energy values, harvesting, harvesting the sun, oxygen, photons, photosynthesis, plant based, plant based energy values – the science of harvesting the sun, science, solar energy, sun, water | Leave a reply

Two Data Points Do Not a Trendline Make

Biomass Rules Posted on July 22, 2024 by Mark JennerJuly 22, 2024

Economic information these days, influenced by election-year passions, spawned economic claims that do not represent actual underlying economic trends.  This post looks at the compelling nature of authentic data that does not have any meaningful forecasting value. Biomass Rules is … Continue reading →

Posted in analytics, economics, policy, science | Tagged $/MMBTU., authentic analyses, biofuel, commodities, demand, economy, feedstocks, fossil, fuels, inflation, not a trendline, perfect competition, retail prices, supply, two data points, two data points do not a trendline make | Leave a reply

Coping with Election Year Anxiety? – Build a New Tomorrow!

Biomass Rules Posted on July 17, 2024 by Mark JennerJuly 17, 2024

One factor that allowed me to step up into higher education after several decades of intentionally avoiding a teaching career, was Seth Godin’s book, “What to do when it is your turn (and it is always your turn).”  We are … Continue reading →

Posted in economics, policy, wealth creation | Tagged anxiety, build a new tomorrow, change happens, coping with election year anxiety, elected leaders, election year, new tomorrow, renewable fuel standard, renewable natural gas, RFS, RNG, Seth Godin, What to do When it is Your Turn (and it is always your turn), working together | Leave a reply

Community Wealth Creation Reflects Both Micro and Macroeconomics

Biomass Rules Posted on July 11, 2024 by Mark JennerJuly 11, 2024

All of the ‘local market’ references in the Greenville, Illinois Independence Day post have evolved from guiding farmers and agribusinesses for decades on moving bulky, undervalued manure and biomass residues.  The farther they travel, the less reusable value they have.  … Continue reading →

Posted in economics, firm, macro, wealth creation | Tagged community, community wealth creation reflects both micro and macroeconomics, cultural capital, cultural values, financial capital, human capital, intellectual capital, local influence, macroeconomics, microeconomics, monetize, natural capital, physical capital, political capital, rural, social capital, volunteer hours, wealth creation | Leave a reply

The Power of Community Energy in Creating Rural Wealth

Biomass Rules Posted on July 8, 2024 by Mark JennerJuly 11, 2024

Homebase for Biomass Rules, LLC is Greenville, IL, population, 7,000.  I have lived in rural communities across the US, in Europe, and in Asia.  When I was young each place was just somewhere to live. Over the years, I began … Continue reading →

Posted in economics, policy, wealth creation | Tagged community energy, comparative advantage, creating rural wealth, cultural capital, dollar value, Greenville, influence, local global, political capital, power, power of community energy in creating rural wealth, social capital, under monetized, values, volunteers | Leave a reply

Byproduct Value in Closed and Open Production Systems

Biomass Rules Posted on July 3, 2024 by Mark JennerJuly 3, 2024

What in the farm-data mess is this?  …It is a map to providing pathways for turning wastes into revenues. This is Part 4 in stepping through the impact of technology on making the world better economically and ecologically.  Recall: Outputs … Continue reading →

Posted in economics, production, science | Tagged byproduct value, byproduct value in closed and open production systems, cattle, closed, corn, export, forages, hogs, import, inputs, integrated, management tools, off-site, on-site, open, outputs, production systems, separable, system analytics, Technology, y=f(x) | Leave a reply

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Recent Posts

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  • 2022 Census of Agriculture Farm Typology Volume 2 Has Arrived

Mark Jenner, PhD
Biomass Rules
Greenville, IL 62246
c. 618.223.9331
e. biomassrules@gmail.com

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Mission Statement:
Providing solutions through the strategic utilization of all kinds of biomass; the development of new markets for food, fiber, and fuels; and streamlining regulations.

bio·mass:
ˈbī-ō-ˌmas. noun. 1 : the unit area or volume of living matter, 2 : plant materials and animal waste used as renewable feedstocks into new processes.

rules:
'rül. 1: noun. 1 : regulations, bylaws or governing procedure, 2: verb. a : to exert control, direction, or influence on, b : to declare authoritatively.

Manure…
is not a four-letter word.

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