Research Article
Biofuel Expansion, Fertilizer Use, and GHG Emissions: Unintended Consequences of Mitigation Policies
Table 8
Change in commodity prices between baseline and afforestation scenario.
| ā | 2011* | Long run** |
| Wheat FOB Gulf | 1.42% | 10.51% | Corn FOB Gulf | 3.60% | 17.12% | Soybean CIF Rotterdam | 3.45% | 18.48% | Beef Nebraska Direct | 0.10% | 6.78% | Barrow and Gilt, National | 0.25% | 9.99% | Broiler U.S. 12-City | 0.28% | 9.91% | Anhydrous ethanol, Brazil | 0.06% | 0.24% | Ethanol FOB Omaha | 0.62% | 7.84% | Biodiesel Central Europe FOB | 0.16% | 3.65% | Biodiesel plant | 0.33% | 6.48% |
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2011 is the first year of projection. Long-run equilibrium is imposed in 2023.
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