If you are referring to switchgrass I doubt there will be much interest in leasing ground to grow it with oil at $35.00 per barrel and falling because ethanol from switchgrass is not economic when oil is below $110.00 per barrel. There was a lot of interest a few years ago and plants were built in various parts of the country, some of which never processed the first blade of grass. The only ethanol that will be produced in the forseeable future is the amount that has a captive market due to government quotas, corn will easily supply all of the ethanol required for the next several years and if biomass was marginally economic corn stover is the first choice. Cheap oil will be the norm for a long time, there will be temporary market interruptions and geo political events that cause spikes but in general shale oil in the US, China and South America will keep pressure on OPEC and oil will average 45-50 dollars for at least the next 20 years. Sometime in 2016, maybe early in the year the Saudis will reduce production and oil will spike, this will give banks and the strongest independents in the US a chance to clean up their balance sheets a little and when they come back the tables will be turned. There will be a completely new energy outlook by the end of 2017 and OPEC will be eliminated as the swing producers, this fact in itself will cause price/supply swings until the middle eastern OPEC countries work out their internal problems that will arise when the cradle to grave welfare is cut off and people have to go to work.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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