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U.S. Food Producers Urge Ethanol Mandates Changes PDF Print E-mail
by Tom McGregor    Fri, Jun 20, 2008, 02:05 PM

Change ethanol.jpgYesterday, U.S. meat, dairy and poultry producers urged regulators to re-examine ethanol mandates that are tightening limited grain supplies and forcing a dramatic rise in feedstock prices, which threaten their livelihoods.

The Financial Times quotes Thomas Elan, president of FarmEcon, an agricultural and food industry consulting firm, as saying: “We are forcing tighter and tighter supplies of grain that threaten to devastate meat, dairy and poultry producers and cause food price increases for the American consumer. The government must not allow this to happen.”

U.S. law requires that 9 billion gallons of renewable fuel be blended in transport fuels in 2008. Corn-based ethanol will meet most of these requirements. Nonetheless, the Environmental Protection Agency can waive these requirements, in whole or in part.

Texas has requested a 50 percent waiver, citing high grain prices as a result of the ethanol mandates and aggravated by recent floods that is threatening corn production. Over the past three years, Governor Rick Perry noted that corn prices increased by 138 percent, while global food prices rose by 83 percent.

The EPA must make a judgment on the Texas request by July 24. Meanwhile, food producers are urging the agency to revise and relax the rules nationwide.

To read the entire article from the Financial Times, link here:

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Comments (2)add comment
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written by Grrr , June 20, 2008

We must have the stupidest governnment in the world. Our energy policy is non existant. How can we continue to say we are presently the greatest country in the world when we have the stupidest government in the world?


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written by Grady , July 12, 2008

Grrr,
One of the few things I like to think that I have learned is to try to avoid using 'absolutes' (like always, never, every, etc.) Our government may be pretty dumb, but there a quite a few dumber ones out there. I would go as far to say that almost all of the other countries have dumber government than ours. Our government has greater potential for success, which I think makes it's short-comings and failures magnified. That said, the registered voters here select their representatives; so aren't you really saying we have the stupidest voters in the world?




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