Livestock, Poultry Groups Disappointed in EPA Decision
In light of the most widespread drought to face the country in more than 50-years - National Cattlemen's Beef Association President J.D. Alexander says the refusal to grant the RFS waiver is a blatant example of the flawed policy of the RFS. A coalition of livestock, poultry and dairy producers - including NCBA and the National Pork Producers Council - is frustrated and discouraged EPA ignored the clear economic argument from tens of thousands of family farmers and producers that the food-to-fuel policy is causing. Alexander says the artificial support for corn ethanol provided for by the RFS is only making the situation worse for cattlemen and women by driving up feed costs. According to NCBA - since December 2007 - the cattle feeding sector of the beef industry lost a record 4-billion dollars in equity due to high feed costs and economic factors that have negatively affected beef demand. USDA reports corn prices have increased about 60-percent since June and USDA's Economic Research Service shows 2011 feed costs for livestock, poultry and dairy reached a record 54.6-billion dollars - an increase of more than 9-billion from costs in 2010. NCBA says the effects of the denied RFS waiver will be felt throughout the economy with a predicted liquidation of 500-thousand beef cows and 50-thousand dairy cows this year.
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