date:Aug 18, 2012
Members of Congress and agriculture industry trade groups have asked Environmental Protection Agency Administrator Lisa Jackson to waive the Renewable Fuel Standard. The groups have argued that drought conditions are cause for the EPA to adjust the RFS mandate for 2012 to account for a forecast shortage in corn. The US Department of Agriculture has predicted that higher feed prices will slow red meat and poultry production.
Higher feed costs following the passage of the first RFS in 2005, and t