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I write to you today to request that you support the timely reauthorization of the 2025 Farm Bill, expanding the BioPreferred Purchasing program, and strengthening new and existing loan guarantee programs.
I urge you to support strengthening the USDA 9002 BioPreferred Program and expanding government procurement of biobased products. The BioPreferred Program was established to increase the purchase and use of biobased products by the U.S. government. Federal procurement of these products can reduce dependencies and stimulate innovation by creating a market for new, disruptive technologies.
I also request that you expand loan guarantee programs. Specifically, the USDA 9003 Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program loan guarantee program, as well as extending the USDA's Food Supply Chain Guaranteed Loan Program. These programs provide accessible loan guarantees that are tremendously important for companies with little to no risk to the government.
Previous Farm Bills have enabled innovation in the field of cellular and plant-based agriculture, biorenewable energy, and other biobased products that have propelled the energy and agriculture biotechnology industry forward. I thank you in advance for your help in ensuring the timely passage of the Farm Bill and that innovation in this field continues.