| 26/04/05
 Arable farmers are being given a fresh opportunity to take up
                the lucrative “Landmark” contract to grow oilseed
                rape for bio-electricity generation. The contract offers a guaranteed
                price of £150/tonne, together with an oil content bonus,
                while the crop also qualifies for the Government's 45Euro
              energy crop payment. When originally launched last November the contract only guaranteed
                to buy 20% of the crop for industrial processing, with the remaining
                80% being sold to best advantage on the open market. But such is the demand from the renewable energy market that
                Springdale is transferring all existing contracts onto the more
                lucrative industrial terms, and is looking to sign up more growers
              as well. The harvested crop will be converted into electricity in a new
                bio-electricity generating plant located at Springdale's
                headquarters near Rudston, East Yorkshire. The increase in demand
                has come about as further generating plants are coming on line
                sooner than expected on disused pitheads, initially in the former
                Selby coalfield, but with the option to extend the network nationwide. Anyone taking up the spring contract is guaranteed the chance
                to be involved in the autumn contract, a fact James Mackay, Springdale's
                National Sales Manager, says should be of great interest: “Bearing in mind the higher yield potential of winter-sown
                oilseed rape, this could help them achieve unprecedented margins
                from their break crops. “We are also offering farmers two and three year growing
                contracts, also on guaranteed prices. These could help remove
                some of the uncertainty from the next few years and help them
                plan their businesses effectively as they get to grip with the
                Single Farm Payment and adjust to the reformed Common Agricultural
                Policy”. SPRINGDALE - A BRIEF BACKGROUND: The Springdale Group provides
                an essential link between research, industry and growers in areas
                of crop development for non-food applications. The company has
                a unique blend of agriculture, business acumen and scientific
                knowledge, and has proven expertise in growing crops used in
                the fibre, fuel and energy, biocomposites and oleochemical industries.                 |