sorghum in ethanol moving forward

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Matt Durler- VP of Marketing Conestoga Energy Partners National Sorghum Checkoff- Renewables Committee External Member

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Matt Durler- VP of Marketing Conestoga Energy Partners National Sorghum Checkoff- Renewables Committee External Member

Sustaining Agriculture in Arid Areas The Power of Protein CARB and Advanced Biofuels from Oil Top Line Impact of the Farm Bill Technology In Sorghum

Water? What Water?

Water tables in the high plains are rapidly declining- How do we stem the tide?

Production per unit of water Reduce variability and increase total long

term grain production The genetic diversity of sorghum can allow it to be better tailored for diverse production settings

Composition Study

As the industry has matured focus has been refined How can “destination” improve local feed stock

supply? How do we maximize distillers grains utility?

By Product => Co Product=> Feed Ingredient There is value in each component

Protein Fat Fiber Micros Phosphorus, Potassium

World Demand For Protein Remains Very Strong- Led by China

Spot Bean meal is trading $400, that’s 300% of CZ

$400 SM= $.46/lb of Protein The difference between 28% and 36% DDG is $67/ton!

There is 10-15% more fiber in Sorghum If Cellulosic can ever stand on its own the fiber in DG will be an

easy target We are investigating how to maximize the ethanol potential in

sorghum grain

NSP has worked with CARB to refine assumptions resulting in a net CI reduction from the previous numbers Flexibility for each plant to carve an individual pathway

Allows plants to push the sustainability of local agriculture

Oil from Sorghum based distillers should qualify for advanced bio-diesel by the end of 2015

Change in Payment Structures forces focus on sustainable production $125k max payment per entity Elimination of most direct cotton payments Some estimates calling for as much as 4 million acres

shifting away from cotton Spring price floors are critical Delta most susceptible to acreage shift followed by West

Texas Sorghum can thrive anywhere cotton can

DuPont™ Inzen™ Z herbicide-tolerance sorghum trait ALS over the top grass control- Non GMO Another tool for farmers in rotation with roundup ready

corn, cotton, and soybeans Tri-Seed Genetics-

All 3 florets make grain Dramatic increase in yield potential