Meat and Livestock View of RFS The Energy and Power subcommittee of the House Energy and Commerce Committee held the first of what will be many hearings on the reform of biofuels policy. The hearing was entitled: "Overview of the RFS: Stakeholder Perspectives," and the National Chicken Council (NCC) testified on behalf of the livestock industry.NCC's main points included:The Renewable Fuel Standard (RFS) is a government mandate that requires an amount of corn to be used to manufacture ethanol whether or not there is an adequate supply of corn; the industry's negative expectations of the RFS have been exceeded and exacerbated by the impact of the shortfalls of the corn crop for the past three years.
The RFS...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
