Rolnictwo i rynki · 1.10.2002
Bioenergy Program
The Commodity Credit Corporation (CCC) is proposing to amend its Bioenergy Program (program) regulations to bring them into compliance with changes made by the Farm Security and Rural Investment Act of 2002. Changes include modifying the definitions for biodiesel, conversion factor, eligible commodities and ethanol, extending the program beyond Fiscal Year (FY) 2002, and allowing producers to enter into multi-year contracts for program payments. Also, the payment calculations are being revised for eligible commodities. CCC's new authorizing legislation requires these changes and will result in an overall improvement of the program by benefitting more participants.