This is an excerpt from EERE Network News, a weekly electronic newsletter.
Soy-Based Biodiesel Firm Earns $7.5 Million Subsidy
Southern States Power Company, a producer of biodiesel from soy, has been awarded a subsidy of up to $7.5 million from the U.S. Department of Agriculture (USDA), the company announced last week. The USDA's Bio-Energy Subsidy Program will provide a quarterly subsidy based on the company's purchase of soy for the production of biodiesel. See the Southern States press release.
Farmers help produce soy-based biodiesel, so why shouldn't they use it as well? That's the thinking at FS/GROWMARK, a farmer's cooperative that operates in the U.S. Midwest and in Ontario, Canada. With the help of the Illinois Soybean Association, FS/Growmark is now selling diesel blends containing from 2 to 20 percent biodiesel through participating cooperatives throughout Illinois. For convenience, the biodiesel blends are delivered directly to the farmer. See the FS/GROWMARK press release.