From

To

LIVE Commodity Data
print view |  email to friend

eNews from Friday, August 3, 2012

Lawmakers Ask EPA for Waiver of Corn-Ethanol Mandate

Targeted News Service -- URBANDALE, IA -- August 2, 2012 -- The National Pork Producers Council today praised a group of congressional lawmakers for asking the U.S. Environmental Protection Agency to waive the federal mandate for the production of corn ethanol to help livestock and poultry producers weather the worst drought in more than 50 years.

Led by Reps. Bob Goodlatte, R-Va., Steve Womack, R-Ark., and Mike McIntyre, D-N.C., 156 members of the House today asked EPA Administrator Lisa Jackson to waive the Renewable Fuels Standard (RFS) for the rest of the year to "help ease corn supply concerns and protect American consumers, livestock producers, and the economy."

The lawmakers' request follows the filing Monday by a coalition of livestock and poultry organizations, including NPPC, of a petition asking EPA to grant in whole or in part a waiver of the RFS for the remainder of 2012 and for part of 2013.

The RFS requires 13.2 billion gallons of corn-based ethanol to be produced in 2012 and 13.8 billion gallons in 2013, amounts that will see the ethanol industry use about 4.7 billion and 4.9 billion bushels, respectively, of the nation's corn.

The drought affecting most of the Corn Belt - the worst since 1956 - is expected to significantly reduce yields of grain crops, including corn. Some agricultural forecasters now are estimating that just 11.8 billion bushels of corn will be harvested this year - about 13 billion were harvested in 2011 - meaning corn-ethanol production will use about four of every 10 bushels.

"NPPC appreciates the congressional leadership being shown on this issue," said NPPC President-elect Randy Spronk, a pork producer from Edgerton, Minn. "These lawmakers recognize that the expected low crop yields we'll have because of the severe drought coupled with pressures on corn usage from federal energy policy will devastate livestock and poultry producers. We are pleased that these members of Congress are joining livestock and poultry organizations in formally petitioning EPA to grant an RFS waiver, a tool put in the law to address situations such as this drought."

The members of Congress asked EPA to consider a "fair and meaningful nationwide adjustment" in the RFS. They said prompt action could help ease short corn supply concerns and "literally save jobs across many U.S. industries and keep families fed."

(c) 2012 Targeted News Service

Copyright notice
This is a news service of NewsEdge Corporation ©2012. This content is for your personal use only, subject to Terms and Conditions. No redistribution allowed.

Editor's Picks from Recent eNews

Save the Date for Co-Located 2013 Soy & Grain Trade Summit and Women in Agribusiness Summit

Northstar Agri Industries Announces Oklahoma Expansion Plan

Cargill Reports First-Quarter Fiscal 2013 Earnings

Cargill, Huntsman Corp. and Unipec UK Set Industry Standard on Fuel Efficiency for Chartering Vessels

Consumer Corner: Prices Up With Demand

Features
Current Reports in the Resource Library at Soyatech.com

Soyfoods: The U.S. Market 2012
This annual report provides detailed information on the U.S. market by category, sub-category, brand and distribution channel.

Sponsored Links

Short Course on 'Food Extrusion: Cereals, Protein & Other Ingredients' at Texas A&M University

Live Commodity Prices on Soyatech.com

About Soyatech  |   Advertising Services  |   Privacy Policy  |   Legal Notices  |   Contact Soyatech  |   Site Map
Copyright © 2000-2013 Soyatech, LLC. • P.O. Box 1307 • Southwest Harbor, ME 04679 • USA