date:Jul 31, 2012
Standard for 2012, and extending for 12 months after the initial waiver.
Based on corn production forecasts and the RFS mandate that a total of 13.2 billion gallons of corn-based ethanol be produced this year, as many as four of every 10 bushels (4.7 billion bushels) of corn produced in 2012 will be used for ethanol production. An additional 13.8 billion gallons is mandated for 2013 under the RFS, which will require 4.9 billion bushels of corn. As few as 11.8 billion bushels of corn will be har