Therm vs Ferm – Which has Bigger Returns?

Here you begin to look at what the asset is that you have – just to call out a few things here from the Census of Agriculture which comes every five years from USDA. As you can see the most important thing here is a lot of farm land – 325,450 acres available in Page County which is far more than you would need to support even a very large cellulosic ethanol plant so there’s plenty of biomass there. You’re going to see that the farms are pretty large so you don’t have to manage grower relations at the ten acre per person level like you would elsewhere.

And over on the right hand side, you can see that it’s 80% crops and 20% livestocks. You can see there’s going to be a place for oil seeds and certainly some grains are more than the rendering product kind that you might see in, let’s say, cattle country like Colorado, Texas, or Oklahoma. And right below that number, you see “Land in Farms by Use” that it’s 84% cropland and you can also see down below that it’s mostly no till, so there’s a little bit of cover crop which shows an opportunity for those of you that have been looking at cover crops and talking about them in recent weeks.