The National Corn Growers Association believes efforts to alter the Renewable Fuel Standard are coming at the worst possible time for U.S. farmers. NCGA President Chip Bowling says corn ending stocks are estimated at nearly 2-billion bushels this year. With corn selling at low prices - Bowling says any legislative attempt to cut a key market will drive prices even further below the cost of production. He says the RFS works well for the environment, energy security and the rural economy. NCGA says there are many good reasons to continue the RFS - and the association looks forward to working with the new Congress in support of the policy.

Source:  NAFB

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