COVID Deal Includes Previously Excluded Biofuels

Cindy Zimmerman Leave a Comment

House Agriculture Committee Chairman Collin Peterson (D-MN) says the latest COVID relief deal moving through Congress this week has new provisions to provide help for food and agriculture sectors impacted by the pandemic restrictions, including biofuels.

In addition to a 15 percent increase in benefits for recipients of the Supplemental Nutrition Assistance Program (SNAP) for six months, Peterson pointed specifically to the inclusion of important support for those who were left out earlier assistance, including contract livestock and poultry growers, ethanol producers that saw a drop in demand, and livestock and poultry producers who had to depopulate herds and flocks as a result of supply chain disruptions.

Relief for biofuels producers would come from $11.2 billion for the USDA to be distributed by the Secretary with direction by Congress. Specific language says the Secretary “may make payments to producers of advanced biofuel, biomass-based diesel, cellulosic biofuel, conventional biofuel, or renewable fuels with market losses due to COVID-19.”

Read the full breakdown of the food and agriculture provisions in the bill.

Biodiesel, biofuels, Ethanol, Ethanol News

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