Livestock Groups Say Ethanol Mandates Will Hurt Food Prices

Law360, New York (July 30, 2012, 6:17 PM EDT) -- Livestock and poultry producers on Monday urged the U.S. Environmental Protection Agency to waive corn ethanol biofuel mandates for one year, saying that imposing them during a nationwide drought that has hampered U.S. corn production would send animal feed prices — and ultimately, food prices — soaring.

A coalition that includes the National Pork Producers Council and the National Cattlemen’s Beef Association said the EPA's Renewable Fuel Standards — which require that 13.2 billion gallons of corn ethanol be produced in 2012 and 13.8 billion gallons...
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