SUSPENDING BIOFUEL STANDARD MIGHT ACTUALLY INCREASE LIVESTOCK FEED PRICES, SAYS EXPORT REPORT
October 1st, 2012
BY LEAH GERMAIN
AMERICAN poultry and livestock producers may be facing a jump in animal feed prices if the US Environmental Protection Agency (EPA) decides to adjust portions of the Renewable Fuel Standard (RFS), a new study has argued. The RFS, which was established by congress in 2007, stipulates a certain percentage of fuel must be made from renewable sources, like corn-based ethanol.
The RFS calls for 13.2 billion gallons of corn-based ethanol to be used for gasoline production in 2012 and 13.9 billion gallons in 2013 but following one of the worst droughts ...
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