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SC Iowa | Keep your eye on the Biomass Crop Assistance Program (BCAP), a provision in the last farm bill to subsidize biomass products ranging from wood shavings to corn cobs.....
In Iowa, Poet ethanol is offering corn cob contracts for their cellulosic ethanol venture at Emmetsburg
This article highlights what happens when a program like this comes in and skews an existing market structure.
http://www.washingtonpost.com/wp-dyn/content/article/2010/01/09/AR2...
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There may be a lesson here....
