WASHINGTON – Livestock and poultry groups submitted comments to the House Energy and Commerce Committee about the negative impact the Renewable Fuel Standard has had on their industries.
“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.”
The groups submitted “The RFS, Fuel and Food Prices, and the Need for Reform” a study that examined the extensive impact the RFS has had on food and fuel prices. Dr. Tom Elam of FarmEcon completed the study.
Groups submitting comments were American Meat Institute, American Sheep Industry Association, Milk Producers Council, National Cattlemen’s Beef Association, National Pork Producers Council, National Turkey Federation and North American Meat Association.