American Feed Industry Association Urges EPA to Temporarily Waive RFS Mandate

An over-emphasis on ethanol has combined with a poor production year and a major speculative push on commodity prices to push livestock net returns into the red.  Animal feed has long been US corn and soybeans primary source of demand, but high feed costs, with no way to push up the selling price of their products, has created a situation that will soon, if not corrected, turn into a significant...

Even if the government cancelled, suspended or modified the Renewable Fuel Standard, industry would use a minimum 5.25 billion gallons per year just to meet federal, state and local requirements. Furthermore, given the current sales price of ethanol, there is great economic incentive to continue blending.   Therer are two big losers if the RFS was cancelled or suspended. The first is the...