Agriculture Secretary Tom Vilsack announced 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. "Renewable energy development contributes to the Obama Administration's effort to 'win the future' by supporting America's farmers as they grow and harvest materials that can be converted into renewable energy. This effort creates new jobs and opportunities for those who live in rural America."
Read the original news release