Biofuel market doesn’t provide enough kick for Missouri miscanthus

In Missouri, miscanthus farmers are happy with the results they’re getting on their 3,700 acres of marginal land they’ll grow the crop on this year, in no small part thanks to the price stability offered by Renew Biomass who harvests, bales and markets the crop for them. But the market isn’t biofuel because oil prices are too low and Iowa farmers are growing corn for ethanol, though if prices could match what pet food manufacturers are paying for the fiber, then the market for the miscanthus would switch. No one is holding their breath for that to happen though.