Risi's Wood Biomass Market Report Details New Draft Rules For Biomass Crop Assistance Program (bcap)

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9th February 2010, 12:16pm - Views: 788






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MEDIA RELEASE PR38242



RISI's Wood Biomass Market Report Details New Draft Rules for Biomass Crop Assistance Program

(BCAP)


BOSTON, Feb. 9 /PRNewswire-AsiaNet/ --


    The Wood Biomass Market Report today commented that new "draft" rules

announced by the Farm Services Agency for the Biomass Crop Assistance Program

(BCAP) come closer to providing assurances that wood for higher-value

products will not be diverted for use as biomass. The Report, published

monthly by RISI, the leading information provider for the global forest

products industry, has reported since the program's inception last year on

the concern among traditional forest products players that BCAP would drive

up prices for composite panel furnish, OSB raw material, pulpwood and even

some low-grade sawlogs.




    The Report also stated that payments made through the BCAP program are

just now flowing to the market in earnest from a $517 million allocation that

is good through March 31, 2010. While these payments do not appear to have

had adverse effects to date on pulp and panel producers, this is due almost

solely to market conditions and should not be a signal as to the true effect

the BCAP program could have if new rules are not enacted.


    William Perritt, Executive Editor of the Wood Biomass Market Report,

said, "It appears the FSA is finding a deeper understanding of the possibly

damaging cross-currents BCAP may have in wood markets. The recent draft rule

at least makes an attempt to establish a wall between true wood biomass and

the fiber sources more suited to higher and better use at both wood-based

panel and pulp mills."


    The Wood Biomass Market Report is published monthly. Yearly subscriptions

are available now for $597 -- to order or for more information, please visit



    RISI has also recently published a study on wood biomass policies in the

United States and Europe entitled 2010 Wood Biomass Policy Review. For more

information or to order this study, please visit http://www.risi.com/biomasspolicy.


    About RISI

    RISI is the leading information provider for the global forest products

industry. The company works with clients in the pulp and paper, wood

products, timber, tissue, nonwovens, printing and publishing industries to

help them make better decisions.


    Headquartered in Boston (Bedford), Massachusetts, RISI operates offices

in Brussels, Belgium; Atlanta, Georgia; San Francisco, California; Portland,

Oregon; Sao Paulo, Brazil; Shanghai, China; Singapore; and Charlottesville,

Virginia. More information can be found at http://www.risi.com.


    Contact:

    Dan Blenk

    Director of Marketing

    Wood & Timber Information

    RISI

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    4 Alfred Circle, Bedford MA 01730 U.S.A.

    Tel: +1.781.734.8942

    Email: dblenk@risi.com


SOURCE:  RISI


    CONTACT: 

    Dan Blenk, 

    Director of Marketing, 

    Wood & Timber Information,

    RISI, 

    +1-781-734-8942, 

    dblenk@risi.com


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