Forum Discussion
Francesca_Knowl
Aug 14, 2014Explorer
NorthOrSouth wrote:
I can get canola seed much easier than I can get used oil and its cleaner fuel.
Wholesale rapeseed price per metric ton (tonne) in May was almost a thousand dollars cdn source, and best case yield is about 40% oil source. This assumes the most efficient extraction equipment.
40% of a tonne is 400 kilos, and canola oil weighs 4.3 kilos per imperial gallon. source You wind up with a bit less than 100 imperial gallons of fuel per tonne of seed.
So best case price of the finished product is a dollar a gallon, not the fifty cents you stated earlier. And that assumes you can buy seed at the wholesale price and factors in nothing at all for production machinery. Not to mention the real estate to store/process such large quantities of seed.
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