Notice of Funding Opportunity for the Biofuel Producer Program for Fiscal Year 2021; Amendment, 4554 [2022-01797]
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Federal Register / Vol. 87, No. 19 / Friday, January 28, 2022 / Notices
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Custer Gallatin National Forest.
Dated: January 21, 2022.
Barnie Gyant,
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[FR Doc. 2022–01727 Filed 1–27–22; 8:45 am]
BILLING CODE 3411–15–P
DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service
[Docket # RBS–21–BUSINESS–0026]
Notice of Funding Opportunity for the
Biofuel Producer Program for Fiscal
Year 2021; Amendment
Rural Business-Cooperative
Service, USDA.
ACTION: Notice; amendment.
AGENCY:
The Rural BusinessCooperative Service (RBCS or Agency),
an agency of the United States
Department of Agriculture (USDA),
published a Notice of Funding
Opportunity (NOFO) in the Federal
Register on December 13, 2021, entitled
Notice of Funding Opportunity for the
Biofuel Producer Program for Fiscal
Year 2021, to announce the application
window, application requirements and
the availability of up to $700 million in
payments to eligible biofuel producers
for unexpected market losses as a result
of COVID–19 in order to maintain a
viable and significant biofuels market
for agricultural producers that supply
biofuel producers. This notice will
amend Sections A, D and E of the NOFO
to include production to meet marketing
obligations or fulfill or maintain
essential markets in the calculations of
a biofuel producer’s market losses as a
result of COVID–19.
DATES: Applications for the Biofuel
Producer Program must be received by
11:59 p.m. EST on February 11, 2022.
FOR FURTHER INFORMATION CONTACT: Lisa
Noty, USDA Rural Development, Rural
Business-Cooperative Service.
Telephone: (712) 254–4366, email:
lisa.noty@usda.gov. Persons with
disabilities that require alternative
jspears on DSK121TN23PROD with NOTICES1
SUMMARY:
VerDate Sep<11>2014
18:03 Jan 27, 2022
Jkt 256001
means for communication should
contact the U.S. Department of
Agriculture (USDA) Target Center at
(202) 720–2600 (voice).
SUPPLEMENTARY INFORMATION:
Amendments
In FR Doc 2021–26876 of December
13, 2021 (86 FR 70818), the following
amendments are being made to include
production to meet marketing
obligations or fulfill or maintain
essential markets in the calculations of
a biofuel producer’s market losses as a
result of COVID–19.
1. On page 70818, column 2, under
Section A. ‘‘Program Description,’’
subsection 1. ‘‘Purpose of the program,’’
the first paragraph should be amended
to read as follows:
The Biofuel Producer Program will
make payments to eligible producers of
eligible biofuel for unexpected market
losses as a result of COVID–19. These
payments to biofuel producers support
the maintenance and viability of a
significant market for agricultural
producers of products such as corn,
soybean or biomass that supply biofuel
production. Payment to a biofuel
producer will be based upon the volume
of market loss the biofuel producer
experienced in calendar year 2020. The
producer’s volume of market loss will
be calculated by comparing the amount
of fuel (gallons of eligible biofuel) they
produced in calendar year 2020 to the
amount of fuel (gallons of eligible
biofuel) produced in calendar year 2019.
Eligible biofuel (gallons of biofuel)
produced by the eligible producer in
2020 to meet required contractual
commitments, marketing obligations, or
fulfill or maintain essential markets,
resulting in a gross profit loss will be
deducted from 2020 production by the
Agency’s calculation of program
payments. Gross profit loss related to
required production can be based on
either the entire 2020 year, or a period
in 2020 specified by the applicant.
Quantities of gaseous biofuel will be
converted into gallons based on the
British Thermal Unit (BTU) equivalent
of one gallon of biodiesel using factors
published by the Energy Information
Administration (EIA).
2. On page 70818, column 3, under
Section A. ‘‘Program Description,’’
subsection 3. ‘‘Definitions,’’ a definition
for essential market should be added in
alphabetical order as follows:
Essential market means markets for
biofuel, co-products, and byproducts
where there are limited alternative
replacement buyers and a biofuel
producer’s failure to maintain supply
has the potential to result in current
buyers moving to other suppliers.
PO 00000
Frm 00003
Fmt 4703
Sfmt 4703
Essential markets also include critical
supply markets to the buyer and local
and regional markets are dependent on
the supply of products provided by the
biofuel producer. Limited alternative
near-term supply markets exist and the
loss of supply has the potential to have
an adverse impact on buyers’ viability.
3. On page 70820, column 1, under
Section D ‘‘Application Submission
Information,’’ subsection 4.i.g.
‘‘Contracts and Financial Information,’’
the heading and subsection should be
amended to read as follows:
g. Contracts, Evidence of Market
Obligations, or Evidence of Fulfilling
Essential Markets, and Financial
Information. Include copies of contracts,
description, and documentation of
marketing obligations or essential
markets, as appropriate, and financial
statements and supporting
documentation for payment requests
that include production in 2020 that
was required to meet contractual
commitments, marketing obligations, or
fulfill or maintain essential markets, and
resulted in a gross profit loss. The
financial information submitted must be
sufficient to support the gross profit loss
for the period of the related production.
For example, if an applicant is
requesting assistance for required
production for April and May 2020 that
resulted in a gross profit loss, the related
financial information must be in
sufficient detail to demonstrate the gross
profit loss for such period.
4. On page 70821, column 1, under
section E. ‘‘Application Review
Information,’’ subsection 3.i.c. should
be amended to read as follows:
c. Amount of eligible biofuel (gallons
of biofuel) reported under (b), above,
produced by the eligible producer in
2020 to meet required contractual
commitments, marketing obligations, or
fulfill or maintain essential markets,
resulting in a gross profit loss.
Karama Neal,
Administrator, Rural Business-Cooperative
Service.
[FR Doc. 2022–01797 Filed 1–27–22; 8:45 am]
BILLING CODE 3410–XY–P
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[Federal Register Volume 87, Number 19 (Friday, January 28, 2022)]
[Notices]
[Page 4554]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-01797]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service
[Docket # RBS-21-BUSINESS-0026]
Notice of Funding Opportunity for the Biofuel Producer Program
for Fiscal Year 2021; Amendment
AGENCY: Rural Business-Cooperative Service, USDA.
ACTION: Notice; amendment.
-----------------------------------------------------------------------
SUMMARY: The Rural Business-Cooperative Service (RBCS or Agency), an
agency of the United States Department of Agriculture (USDA), published
a Notice of Funding Opportunity (NOFO) in the Federal Register on
December 13, 2021, entitled Notice of Funding Opportunity for the
Biofuel Producer Program for Fiscal Year 2021, to announce the
application window, application requirements and the availability of up
to $700 million in payments to eligible biofuel producers for
unexpected market losses as a result of COVID-19 in order to maintain a
viable and significant biofuels market for agricultural producers that
supply biofuel producers. This notice will amend Sections A, D and E of
the NOFO to include production to meet marketing obligations or fulfill
or maintain essential markets in the calculations of a biofuel
producer's market losses as a result of COVID-19.
DATES: Applications for the Biofuel Producer Program must be received
by 11:59 p.m. EST on February 11, 2022.
FOR FURTHER INFORMATION CONTACT: Lisa Noty, USDA Rural Development,
Rural Business-Cooperative Service. Telephone: (712) 254-4366, email:
[email protected]. Persons with disabilities that require alternative
means for communication should contact the U.S. Department of
Agriculture (USDA) Target Center at (202) 720-2600 (voice).
SUPPLEMENTARY INFORMATION:
Amendments
In FR Doc 2021-26876 of December 13, 2021 (86 FR 70818), the
following amendments are being made to include production to meet
marketing obligations or fulfill or maintain essential markets in the
calculations of a biofuel producer's market losses as a result of
COVID-19.
1. On page 70818, column 2, under Section A. ``Program
Description,'' subsection 1. ``Purpose of the program,'' the first
paragraph should be amended to read as follows:
The Biofuel Producer Program will make payments to eligible
producers of eligible biofuel for unexpected market losses as a result
of COVID-19. These payments to biofuel producers support the
maintenance and viability of a significant market for agricultural
producers of products such as corn, soybean or biomass that supply
biofuel production. Payment to a biofuel producer will be based upon
the volume of market loss the biofuel producer experienced in calendar
year 2020. The producer's volume of market loss will be calculated by
comparing the amount of fuel (gallons of eligible biofuel) they
produced in calendar year 2020 to the amount of fuel (gallons of
eligible biofuel) produced in calendar year 2019. Eligible biofuel
(gallons of biofuel) produced by the eligible producer in 2020 to meet
required contractual commitments, marketing obligations, or fulfill or
maintain essential markets, resulting in a gross profit loss will be
deducted from 2020 production by the Agency's calculation of program
payments. Gross profit loss related to required production can be based
on either the entire 2020 year, or a period in 2020 specified by the
applicant. Quantities of gaseous biofuel will be converted into gallons
based on the British Thermal Unit (BTU) equivalent of one gallon of
biodiesel using factors published by the Energy Information
Administration (EIA).
2. On page 70818, column 3, under Section A. ``Program
Description,'' subsection 3. ``Definitions,'' a definition for
essential market should be added in alphabetical order as follows:
Essential market means markets for biofuel, co-products, and
byproducts where there are limited alternative replacement buyers and a
biofuel producer's failure to maintain supply has the potential to
result in current buyers moving to other suppliers. Essential markets
also include critical supply markets to the buyer and local and
regional markets are dependent on the supply of products provided by
the biofuel producer. Limited alternative near-term supply markets
exist and the loss of supply has the potential to have an adverse
impact on buyers' viability.
3. On page 70820, column 1, under Section D ``Application
Submission Information,'' subsection 4.i.g. ``Contracts and Financial
Information,'' the heading and subsection should be amended to read as
follows:
g. Contracts, Evidence of Market Obligations, or Evidence of
Fulfilling Essential Markets, and Financial Information. Include copies
of contracts, description, and documentation of marketing obligations
or essential markets, as appropriate, and financial statements and
supporting documentation for payment requests that include production
in 2020 that was required to meet contractual commitments, marketing
obligations, or fulfill or maintain essential markets, and resulted in
a gross profit loss. The financial information submitted must be
sufficient to support the gross profit loss for the period of the
related production. For example, if an applicant is requesting
assistance for required production for April and May 2020 that resulted
in a gross profit loss, the related financial information must be in
sufficient detail to demonstrate the gross profit loss for such period.
4. On page 70821, column 1, under section E. ``Application Review
Information,'' subsection 3.i.c. should be amended to read as follows:
c. Amount of eligible biofuel (gallons of biofuel) reported under
(b), above, produced by the eligible producer in 2020 to meet required
contractual commitments, marketing obligations, or fulfill or maintain
essential markets, resulting in a gross profit loss.
Karama Neal,
Administrator, Rural Business-Cooperative Service.
[FR Doc. 2022-01797 Filed 1-27-22; 8:45 am]
BILLING CODE 3410-XY-P
