“The RFS has been the major driver in increasing corn use for ethanol production, and causing corn stocks to decline to crisis levels,” the comments state. “In a market-driven world, ethanol would be priced competitively with gasoline. That has never been true in the entire history of the industry.”
Additionally, the groups submitted a study to support their comments titled “The RFS, Fuel and Food Prices, and the Need for Reform” completed by Dr. Tom Elam of FarmEcon. The study examined the extensive impact the RFS has had on food and fuel prices.
The groups appreciate the work of the committee in seeking input from our producers and look forward to working with the committee on reforming the RFS.
The comments and study were submitted on behalf of:
American Meat Institute
American Sheep Industry Association
Milk Producers Council
National Cattlemen’s Beef Association
National Pork Producers Council
National Turkey Federation
North American Meat Association
The documents were presented to Energy and Commerce Committee Chairman Fred Upton (R-Mich.), and Ranking Member Henry Waxman (D-Calif.).
(From National Cattlemen's Beef Association.)