Biofuels Markets Creating Opportunities for Farmers

NDSU Extension Bioproducts and Bioenergy Economist David Ripplinger spoke at Langdon Research Extension Center’s Field Day about the current state of green production in agriculture, and some of the opportunities farmers could take advantage of. “Demand for low carbon fuels and products is extremely strong, it’s growing. While there might be an ebb and flow, if you look globally, it’s flowing one way, and that is demand for more of this.” Some of those opportunities could be as simple as farmers benefiting from current practices. “You can start by looking into getting paid for the practices that you already use. That could be a carbon offset credit or a carbon inset payment. Also marketing towards biofuel refineries and maybe getting a premium that way.”