This would certainly help those of us with livestock.
Check it out:
I am glad to be back visiting in Washington, D.C. It is an honor for me to testify on behalf of NCBA before EPA regarding the proposed rule to reduce the 2014 renewable volume obligations under the Renewable Fuel Standard (RFS).
The Renewable Fuels Standard has been a topic of interest in the beef industry since Congress passed the legislation in 2005 and then greatly expanded the mandate in 2007. Our industry supports renewable energy including ethanol, but the government policies passed by Congress and enforced the EPA has created significant challenges for the livestock sector that also depends on corn to feed our animals.
NCBA strongly supports EPA’s proposed rule to reduce the 2014 renewable volume obligations for conventional ethanol by 1.39 billion gallons. The proposal is focused on the energy side of this debate rather than the feed side – but these actions will have a direct impact on our industry that also utilizes corn. During the 2002-2003 marketing year, USDA estimated that corn use for ethanol production accounted for 10 percent of the total US corn usage. Today because of the government policies in place – roughly 42 percent of the corn crop is utilized by one user of corn – the ethanol industry. From 2002-2013 the use of corn for feed has fallen from about 58 percent to about 37 percent.