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Corn growers commend Grassley, Johnson's leadership on renewable fuelsACGA appreciates letter to EPA in support of RFS Keith Bolin, President of the American Corn Growers Association, extended his organization's appreciation to Senators Charles Grassley, R-IA, and Tim Johnson, D-SD, for their letter to Administrator Johnson of the Environmental Protection Agency expressing their strong opposition to any request to waive the Renewable Fuels Standard. "ACGA commends the Senators for their leadership in this issue so critical to the nation's energy security, the planet's environmental security as well as rural America's financial security," said Bolin. "The ink isn't quite dry on the bill signed by President Bush less than five months ago that established the newer, more progressive RFS. Yet there have been a handful of politicians that are attempting to make election year headlines by asking to suspend its implementation. Senators Grassley and Johnson have added a voice of reason to this debate in their support for the new RFS in their letter to Administrator Johnson." Bolin explained that there are many reasons that food prices are rising according to a recent Texas A&M report titled The Effects of Ethanol on Texas Food and Fuel Prices, as well as several other analysis by other land grant universities across the nation, including: --Extremely high oil prices, --Speculative trading in the commodities futures markets driven by the financial meltdown in other financial markets such as mortgage lending, --Fewer corn acres expected to be planted in 2008 due to much high production costs for corn when compared to other crops, --Changing dietary choices in the developing world where countries like China and India are consuming more animal protein (it takes 8 to 10 pounds of corn to make one pound of meat), --A very weak U.S dollar, --Worldwide climate-related crop disasters, including an eight-year drought in Australia, --Much higher exports of grain, meat and processed foods, --The shortest global stocks of wheat in over six decades, --Failed U.S. farm policy which eliminated grain reserves in the 1996 farm bill, --And many other factors well beyond the control of this or any other corn farmer, including corporate GREED. "It is refreshing to see real leaders who know the real facts about food and ethanol step forward," concluded Bolin. "America's Corn Growers appreciate their initiative."
Date: 7/7/08 Advertisement
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