USDA Expands Efforts to Develop Crop Insurance For Biofuels Producers
Biofuels Journal
Date Posted: February 25, 2011
Washington—Agriculture Secretary Tom Vilsack announced Feb. 25 that USDA will soon seek proposals to study the feasibility of providing crop insurance to producers of biofuel feedstocks, including corn stover, straw and woody biomass.
These feasibility studies, funded by the Risk Management Agency (RMA) will join research efforts already underway for energy cane, switchgrass and camelina.
"Providing additional risk management tools for American farmers to produce advanced biofuels crops is an important step toward developing a thriving biofuels industry and reducing our dependence on foreign oil," said Vilsack.
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