Ag groups launch bio-economy coalition

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A new coalition has been formed by different ag groups that are working together to advance federal policies.

The group is comprised of The American Soybean Association, The Plant-Based Products Council, American Farm Bureau Federation, Corn Refiners Association, Growth Energy, National Association of State Departments of Agriculture, National Corn Growers Association, and the National Hemp Association.

The groups came together ahead of the 2023 Farm Bill in hopes those policies will support a circular economy based on products from ag commodities. They say the country’s bio-based industry adds nearly $500 million to the economy and supports nearly 5 million jobs while eliminating roughly 12 million metric tons of carbon dioxide equivalents annually.

The group’s goals are to promote existing bio-based programs, clarify terminology, and promote ways the government can support bio-economy research.

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