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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!
RFS2 RELEASED on 2/3/2010
RFS2 requires 1.15 billion gallons of biomass-based diesel to be used in 2010. Click here to read.
ACTION ALERT!
Prairie Pride needs your help! Currently, the Biodiesel Blender’s Tax Credit has expired. We need to make Congress aware of the importance of renewing the Biodiesel Blender’s Tax Credit immediately. Even though the Senate Finance Committee has stated that they are going to make it retroactive, biodiesel production has basically stopped and America is losing jobs. Please contact Senator Harry Reid, Senate Majority Leader and Senator Max Baucus, Senate Finance Committee Chairman and tell them we need the Biodiesel Blender’s Tax Credit now before it is too late!
CONTACT INFORMATION BELOW
Senator Harry Reid
Senate Majority Leader
Washington DC
522 Hart Senate Office Bldg.
Washington, DC 20510
Phone: 202.224.3542
Fax: 202.224.7327
Senator Max Baucus
Senate Finance Committee Chairman
Washington DC
511 Hart Senate Office Bldg.
Washington, DC 20510
Phone: 202.224.2651
Fax: 202.224.9412
BIODIESEL TAX INCENTIVE ALERT!
The U.S. House of Representatives passed H.R. 4213, the Tax Extenders Act of 2009, which, among other things, provides a one year extension of the current law biodiesel tax incentive. However, with health care dominating the U.S. Senate’s focus, it is unclear when – or if – the U.S. Senate will address this issue before year's end. For stakeholders who care about biodiesel's future, the one constructive, tangible step you can take is to contact your elected officials in Washington, DC and convey to them the need to extend the biodiesel tax incentive before it expires at the end of the year.
CLICK HERE TO GO TO NBB'S TAX CREDIT EXTENSION ACTION CENTER-CONTACT YOUR REPRESENTATIVES!
NBB RELEASES STUDY ON CRITICAL IMPORTANCE OF BIODIESEL TAX CREDIT. CLICK HERE TO READ.
PPI Adds to Merchandising Staff
Our Merchandising Department welcomes new Grain Merchandiser. Mark Settle has nearly 30 years of experience in the grain industry. His career has involved merchandising grain, feed ingredients and hay both domestically and for export with Continental Grain Co, ConAgra Inc., Agrex Inc., and Cargill. Mark also has Energy industry experience with Aquila Inc. - developing agricultural risk products and coal trading. His most recent experience was with The Scoular Company as an International Marketing Manager originating and trading grain and feed ingredients by container to SE Asia. Mark has a BS Degree in Ag Business from Iowa State University.
Learn more about the RFS-Energy Independence Act!
http://biodiesel.org/news/RFS/
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Prairie Pride is currently accepting soybeans
pursuant to the agreement with our tolling partner, Tenaska Biofuels, LLC. Pursuant to that agreement, Tenaska will pay Prairie Pride, Inc. next business day for beans delivered to the plant and Prairie Pride will pay for any such deliveries by cutting checks the day we receive the funds from Tenaska. We hope that you will find this methodology of paying for beans much more acceptable than past methods. (posted August 24, 2009)
Press Release
August 11, 2009
Prairie Pride, Tenaska Biofuels Partner in Soybean Processing
(Click here for details)
CALL US, WE WANT YOUR SOYBEANS!
Contact:
Grain Merchandisers:
Courtney Burks
Kirk Lewallen
Mark Settle
Commodity Manager
Kent Engelbrecht
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