LOST RIVER, VA , Feb. 8, 2010 (Viewpoint) - The long-awaited draft rule for the Farm Service Agency's (FSA) Biomass Crop Assistance Program (BCAP) was released this week, and early analysis by RISI suggests the language is getting closer to providing assurances that wood for higher-value products will not be diverted for use as biomass. Since the program's inception last year, the overarching concern among traditional forest products players is that the cost match would drive up prices for composite panel furnish, OSB raw material, pulpwood and even some low-grade sawlogs. Payments are just now flowing to the market in earnest from a $517 million allocation (good until March 31).
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