Originally Posted by LHolden
I caught part of a news story on the radio the other day regarding the farmers/ranchers trying to get the ethanol mandate repealed due the fact that the corn crop has been wiped out this year...and they are afraid they won't be able to feed their livestock due to higher corn prices.
Anybody else hear something about this?
Hurumph. One more reason to hate ethanol. It's effected by weather.
“The federal government’s subsidization of the ethanol industry has quite frankly created a domino effect that is hurting consumers,” Goodlatte says. “With the increased use of food and feed stocks diverted for ethanol, the higher cost for these crops is passed on to livestock and food producers. In turn, consumers see that increased price reflected on the price of food on the grocery store shelves.” --Remember in November