Biobased product, was defined by the United States Secretary of Agriculture in the Farm Security and Rural Investment Act of 2002 as follows, "The term ‘‘biobased product’’ means a product determined by the Secretary to be a commercial or industrial product (other than food or feed) that is composed, in whole or in significant part, of biological products or renewable domestic agricultural materials (including plant, animal, and marine materials) or forestry materials OR an intermediate feedstock.
Sources of biobased products
Some examples of agricultural resources that make up many biobased products include: soybeans, corn, kenaf, flax, jute, and numerous other types of crops that are harvested. Current applications of these agricultural resources create products such as ethanol (corn-based), soy candles, soy-based lubricants, kenaf office paper, and bioplastics to name a few.
Benefits of biobased products
The purchasing of biobased products helps many of the farmers across America who grow corn, soybeans, and other resources used by companies in the biobased industry. For example, ethanol is currently one of the leading alternative fuel sources in the U.S. In 2005 year, the Renewable Fuels Association reported 3,904 million US gallons (14,780,000 m3) produced by 81 plants. Currently for the 2006 year, there are 97 ethanol plants with 33 more in production. A majority of these plants are owned by a collective of farms across the midwest. Another key benefit of biobased products is that they are not petroleum-based. This helps alleviate the consumption of resources that harm the environment in terms of biodegrability, toxicity, and pollution.
Organizations for biobasedproducts
The following organizations are leading the way in supporting the Biobased Industry.
The  program was created after the passing of the Farm Security and Rural Investment Act of 2002 (FSRIA), when it was then known as the Federal Biobased Products Preferred Procurement Program or FB4P. The U.S. Department of Agriculture is overseeing the program. The research undertaken by the program helps implement the Farm Bill’s requirement of getting federal agencies to specifically buy biobased products. One key factor is the requirement that such products are readily available, reasonably priced, and pass the required performance standards of their non-biobased counterparts.
United Soybean Board
The United Soybean Board helps promote the use of soybeans farmed across America for use in consumer and industrial products. Originally created from the 1990 Farm Bill and funded by the U.S. Department of Agriculture, the United Soybean Board performs research, advertising, and other functions to strengthen the soybean industry. To see the variety of products made from soybeans, a directory of products and companies is offered on their website.
- Natural oil polyol
- U.S. Department of Agriculture
- United Soybean Board
- Environmentally friendly
- Energy Title (Title IX) of the Farm Security and Rural Investment Act of 2002
- BioPreferred Program : Official site of the BioPreferred program
- Renewable Fuels Association : Association dedicated to supporting the use of ethanol by promoting policies, regulations, and research.
- United Soybean Board : Promotes the use of U.S. grown soybeans in consumer and industrial products.