Version 1 of BCAP: The Final Tally

From the May 2010 Forest2Mill newsletter.

The final matching payments have been made to biomass suppliers under the initial rules for the Biomass Crop Assistance Program, and the 60-day comment period on the proposed rules has expired. On April 8, the FSA released the final tally for the Collection, Harvest, Storage and Transportation Matching Payments Program.

The FSA:

  • Approved 5,479 agreements; 94 percent (5,145) for forest-generated material
  • Made payments of $170,112,607 through April 8, 2010; 92 percent ($156,254,515) for forest-generated material

BCAP: Q & A

Q: Which states received the highest total matching payments? Answer

Q: Which regions received the most funding? Answer

Q: Why were payments so heavily weighted toward forest materials? Answer

Q: When will the USDA release the final rules and restart the BCAP program? Answer

Q: The $170 million question: What did the American taxpayer get for the $170,112,607 in BCAP matching payments? Answer

Q: How can the goals of the BCAP Matching Payment Program be met? Answer


Additional Stories from the May 2010 Forest2Mill Newsletter:
Industry Performance Overview
Housing Market Update
Pacific Northwest Update
Pete Stewart Gives Keynote Address at the Wood-Based Biofuels, Biomass & Bioenergy Conference

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