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The Carolina Poultry Power Project Fuels Our Electricity and Our Economy

The United States has the largest broiler chicken industry in the world, with North Carolina being the third top producer out of all 50 states. As the number one agricultural industry in the state, the poultry industry’s economic impact for NC is over $39 billion annually according to the NC Poultry Federation.

The poultry industry in North Carolina, while exporting billions of pounds of chicken each year, also produces the waste that is an inevitable byproduct of the industry. These byproducts, or poultry litter, can be potential contaminants in waterways, rivers and sounds posing both environmental and health hazards, even when repurposed as fertilizer. 

Poultry

In Farmville, North Carolina, the Carolina Poultry Power (CPP) facility is evolving how poultry waste is disposed of by turning it into a high-quality fuel. The facility went online in 2019 and serves a consortium of utilities. Each day, the CPP facility processes 240 tons of poultry litter into fuel, generating approximately 12,300 megawatt hours (MWhs) of electricity and the equivalent to 90,200 MWhs of steam energy per year. 

North Carolina adopted the Renewable Energy and Energy Efficiency Portfolio Standard in 2007, mandating utility companies to generate or purchase Renewable Energy Certificates (RECs) to meet poultry waste requirements, encourage the development of renewable energy facilities like the CPP CHP facility, create jobs and keep animal byproducts out of our waterways. For every 1MW hour of electricity generated by the CPP facility—or thermal equivalent– one REC is created.

poultry litter into fuel

The facility generates 1.74 MW of power and roughly 77,000 pounds of steam per hour. The RECs are purchased by Duke Energy and other utilities to satisfy their poultry waste-to-energy mandates, while the generated electricity is purchased by Pitt & Greene Electric Membership Corporation.

An adjacent sweet potato processing facility receives the hot water and steam produced to be used in blanching, sterilization, and processing. Before the CCP facility began operating, the processing facility had severe water discharge and thermal energy generation limitations but now the CHP system evaporates any discharge water, and provides the necessary hot water for processing. 

sweet potato processing facility receives the hot water and steam produced to be used

After one year of production, the CPP Farmville facility has met  its ongoing utility and finance obligations and created  more jobs than originally anticipated.  Construction of a second biomass CHP site began this year and a third site is scheduled to begin construction in Spring 2022. 

The CPP facility in Farmville cost $32 million to build and is connected to the energy grid of Pitt and Green Electric Membership Corporation. Poultry RECs created under the REPS have created partnerships between clean energy suppliers and local industry and smaller utilities to produce and benefit from renewable energy in a way that would otherwise have been impossible.  

Source : ncsu.edu

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2025 USDA December Crop Report a “Dud” + Trump $12 Billion U.S. Farm Aid

Video: 2025 USDA December Crop Report a “Dud” + Trump $12 Billion U.S. Farm Aid


The USDA December crop report was friendly corn, neutral soybeans and bearish wheat. The USDA did surprise and increase the 25/26 U.S. corn export forecast to a new record high at 3.2 billion bushels now up 12% vs. last year vs. prior at +9% vs. the export pace to date up 30% the best in 10 years even higher than 20/21! The USDA left the 25/26 U.S. soybean export pace unchanged at 1.635 billion bushels. Higher global wheat supplies will remain a weight and headwind for wheat into year end and start of 2026.
Mexico is now the #1 buyer of U.S. corn, soybeans (usually China), wheat and pork!
USDA also released its long-term early projections but expect more changes by February of 2026.
Trump announces a $12 billion U.S. farmer aid package to be paid out by February 28, 2026. This helps no one but the ag banks, farm equipment companies, seed and fertilizer companies. It does prevent more farmer bushels from being sold near-term but is not bullish grain prices long-term. The Trump administration should focus on increasing U.S. domestic demand and propping up grain futures so farmers can cover their higher costs, up since COVID of 2020.
The China U.S. soybean purchase tracker now stands at 4.521 mmt or 38% of the 12 mmt promised by China at year end or is it end of February or the growing season? Why the discrepancy vs. the fact sheet. The optics are poor for the Trump administration.
After surging to contract highs U.S. natural gas futures plunged over 30+% in just 5-trading days!
Silver traded to new record highs as the debasement and de dollarization trade continued but technicals remain overbought near-term.
Soybean futures remained in correction mode after the funds went record long futures on Nov. 19 +233,000 contracts but the $10.80 support should hold into year end when the fund profit taking/liquidation comes to an end from the year end, end of month and end of quarter selling.
The U.S. Fed cut interest rates for the 3rd time by 25 basis points to a range of 3.50 – 3.75% and they will only cut one more time in 2026 and once in 20267/ but when Powell is gone next April the replacement is willing to cut more aggressively and we could see U.S. interest rates fall to 2.0% very bullish for ag and stocks as it could reignite inflation into 2027.
After 2 months of being drier than normal in Brazil the rains have finally arrived for the 1st half of December, and a record crop is still in the cards but if this pattern continues and verifies it could start to delay the harvest. Argentina after being too wet has turned dry but they are too small, compared top Brazil in the grand picture.
The Canadian dollar surged to $0.73 after better-than-expected employment data with 180,000 new jobs in the past 3-months and 3rd quarter GDP at +2.6% but this could be short-lived.
The latest CFTC report as of 11-19-2025 reported a record long fund position in soybeans at +233,000 contracts when 2026 March soybean futures peaked on 11-19-25 at $11.724/bu.