USDA Expands Efforts to Develop Crop Insurance for Biofuels Producers

USDA expands efforts to develop crop insurance for biofuels producers On Feb. 25, 2011, 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.

"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, Agriculture Secretary.

Source: CCM International Ltd