FARMERS and landowners are urged to consider maximising returns and reducing risk with Miscanthus - a renewable energy crop with a rising market demand .
Produced for an increased number of markets , including renewable power generation , livestock bedding , domestic fuels and many more , the crop thrives on unproductive farm land and guarantees returns on long-term contracts , promising a move away from the price volatility associated with traditional agricultural markets .
Terravesta is the world-leading Miscanthus specialist , and works with growers to facilitate planting , provide agronomic support , secure lucrative markets and offers long term indexprice-linked contracts . The firm is looking for growers to plant its own Terravesta Performance HybridsTM in spring 2021 , to meet increased demand .
|
The perennial energy crop can grow to heights of up to 12 feet and has the potential to yield 15 tonnes per hectare , which can give the farmer a return of £ 900 / ha after establishment costs have been paid back . Terravesta Performance HybidsTM provide an average net profit of £ 558 / ha over 15 years .
“ Miscanthus is ideally suited to lower grade , unproductive marginal land ,” says Terravesta chairman , William Cracroft- Eley . “ It ’ s a low input , high output option , and once established , no fertiliser is required , as the rhizome recycles nitrogen back into the soil .”
Terravesta is looking for more growers to help to meet the increased demand from whole bale power stations and emerging markets . “ We ’ re offering growers 10-year retail price index-linked contracts ,” says William .
“ Markets for large-scale heat and power generation are growing and there
|
are exciting second-generation markets emerging from biorefining Miscanthus for advanced end-uses , including degradable bio-plastics , pharmaceuticals , bio-ethanol and biogas production , as well as fibre uses for construction , materials and furniture .” |
The firm is also progressing a standardised approach to measuring and auditing Miscanthus carbon storage , enabling farmers to have a framework for carbon trading .
Terravesta is working with world-leading plant scientists to develop new Miscanthus Performance HybridsTM , aiming to further build on the improvements of the rhizome-based variety Terravesta AthenaTM launched by the firm in 2019 , with the added benefit of being cultivated from seed .
“ This will mean that new markets for the crop will need to continue to develop ,” adds William .
The company is looking for UK growers to plant Miscanthus in spring 2021 to meet increased demand , and encourages farmers interested in planting to email planting @ terravesta . com or call + 441522 731873 . The deadline for securing spring 2021 Miscanthus planting long-term contracts is 30 November 2020 .
|