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July 31, 2012
US livestock associations to appeal for ethanol waiver
Due to surging corn prices, US livestock and poultry associations will petition the US Environmental Protection Agency to waive the Renewable Fuel Standard mandate.
Corn futures soared to a record this month at the Chicago Board of Trade as the most extensive drought in five decades reduced the yield potential of the developing crop.
The national trade groups of beef, chicken, pork and turkey producers will petition EPA administrator Lisa Jackson to waive for a year the mandate to blend ethanolinto US gasoline, Tom Super, vice president of communications at the National Chicken Producers Council, said on Monday (July 30).