MORE PRESSURE TO STOP ETHANOL MANDATE!

Pressure continues to grow from many different sources to get EPA to slow or stop the ethanol mandate due to food shortages and animal feed.  Due to the mandate, ethanol plants get first priority on corn for their plants.  However, with an estimated 40-50% crop loss due to the worst drought in nearly 50 years, more and more groups and Congressmen are pushing to STOP the mandate.  Some want it stopped for the rest of this year and also next year.

"Pete"
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Groups ask for ethanol law break as corn hits record
Bloomberg News
July 30, 2012

Livestock and poultry producers formally asked the Obama administration Monday to suspend the nation’s renewable fuels standard because it is causing “severe economic harm” as corn prices surged to a record.

A coalition including the National Cattlemen’s Beef Association and National Pork Producers Council sent a petition to the Environmental Protection Agency  asking for a waiver “in whole or in substantial part” the output requirements under the Renewable Fuels Standard for 12 months.


(Read full article here:  http://www.ibj.com/groups-ask-for-ethanol-law-change-as-corn-hits-record/PARAMS/article/35816