date:Apr 11, 2013
on has caused significant price spikes for corn, making meat proteins, dairy, wheat and soybeans more expensive.
Introduced by Reps. Bob Goodlatte (R-Va.), Jim Costa (D-Calif.), Peter Welch (D-Vt.) and Steve Womack (R-Ark.), the Renewable Fuel Standard Reform Act prohibits corn-based ethanol from being used to meet the RFS, and reduces thetotal size of the RFS by 42 percent over the next nine years. In addition, the bill limits the RFS to using only renewable biomass and other advanced biofuel