Research Article

Economic Impacts of Using Switchgrass as a Feedstock for Ethanol Production: A Case Study Located in East Tennessee

Table 2

Cost of switchgrass and the assigned IMPLAN sector affected.

IMPLAN sectorIMPLAN sector descriptionInput categoryDescriptionUnitQuantityPriceTotal

Establishment

10All other crop farmingSeedPure live seedlb6$8.00$48.00
19Fertilizer manufacturingFertilizerP2O5lb40$0.80$32.00
19Fertilizer manufacturingFertilizerK2Olb80$0.75$60.00
131Pesticide and other agricultural chemical manufacturingWeed controlGlyphosateqt1$7.87$7.87
131Pesticide and other agricultural chemical manufacturingWeed controlGlyphosateqt1.5$7.87$11.81
131Pesticide and other agricultural chemical manufacturingWeed controlBroadleaf herbicidept2$2.50$5.00
131Pesticide and other agricultural chemical manufacturingWeed controlGrass herbicideAcre1$8.00$8.00
131Pesticide and other agricultural chemical manufacturingWeed controlGrass herbicideAcre1$8.00$8.00
417Commercial and industrial machinery and equipment repair and maintenanceMachinery repairAcre1$8.07$8.07
326Retail stores, gasoline stationsMachinery fuelDiesel at $2.50/gallonAcre1$11.31$11.31
354Monetary authorities and depository credit intermediationOperating capital6 monthsAcre$152.05 8.00%$6.08
368Accounting, tax preparation, bookkeeping, and payroll servicesMachinery expensesDepreciationAcre1$8.70$8.70
354Monetary authorities and depository credit intermediationInterest expenseMachinery and equipAcre1$6.09$6.09
19Support activities for agriculture and forestryLaborLaborHr0.68$9.75$6.63

Annual Production Cost (years 2−10)

19Fertilizer manufacturingFertilizerNitrogenlb60$0.76$45.60
19Fertilizer manufacturingFertilizerP2O5lb40$0.80$32.00
19Fertilizer manufacturingFertilizerK2Olb80$0.75$60.00
203Farm machinery and equipment manufacturingTriple tieTwine, 1500 lb. baleBale5.9$1.75$10.33
131Pesticide and other agricultural chemical manufacturingWeed controlBroadleaf herbicidept2$2.50$5.00
131Pesticide and other agricultural chemical manufacturingWeed controlGrass herbicideAcre1$8.00$8.00
417Commercial and industrial machinery and equipment repair and maintenanceMachinery repairAcre1$30.51$30.51
326Retail stores, gasoline stationsMachinery fuelDiesel at $2.50/gallonAcre1$42.56$42.56
354Monetary authorities and depository credit intermediationOperating capital6 monthsAcre233.998.00%$9.36
368Accounting, tax preparation, bookkeeping, and payroll servicesMachinery expensesDepreciationAcre1$34.21$34.21
354Monetary authorities and depository credit intermediationInterest expenseMachinery and equipAcre1$18.12$18.12
19Support activities for agriculture and forestryLaborLaborHr2.54$9.75$24.77

Source: [26].