Food and Fuel Production in the Midwest
Biodiesel Production
Prairie Pride, Inc. is a new-generation, producer cooperative that is converting soybeans into bio-diesel fuel and soy meal. The new facility is poised to crush 21,000,000 bushels of soybeans per year. The soybean oil can yield 30,000,000 gallons of biodiesel. The resulting soy meal will be sold as animal feed, which has always been the primary use of the bean. We produce BOTH protein and power!
*For those members not able to attend the June 1-4 meetings, you can find a copy of the power point presentation in the Member's Only part of the website. *
In order to give you easier access to the biodiesel tax incentive bill, we have added a couple links below. It was passed by the House of Representative on May 28, 2010. The Senate has been reviewing the bill since June 7, 2010.
H.R.4213 
American Workers, State, and Business Relief Act of 2010
- Introduced: December 07, 2009
- Status: Pending Senate approval
- Next step: President Signs when approved
- Latest action: Message on Senate action sent to the House.
- Sponsor: Rep. Charles Rangel [D, NY-15]
Update from Dennis (posted 4/12/2010)
I know that many of you have been checking the website and are interested in where we are. We are still attempting to obtain cash investment to open the plant. The senate delay on taking action of the blenders credit has been devastating too much of the biodiesel industry including our plant. It is still not reconciled with the house version so it is still not done. We await further congressional action.
The staff at the plant is down to bare bones. Please be patient we will update you when there is news.
Contact:
Grain Merchandisers:
Courtney Burks
Kirk Lewallen
Commodity Manager
Kent Engelbrecht
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