This document summarizes a USDA listening session on the BioPreferred program. It discusses drivers for biobased chemicals like the need for sustainable and domestically-produced products. The BioPreferred program aims to stimulate rural economic development and US jobs through federal procurement preferences and voluntary biobased product labeling. The 2014 farm bill expanded the program to cover more product categories and intermediate ingredients, and increased mandatory funding. The USDA plans to implement the farm bill changes through new rulemaking and an economic impact study.