Chairmen of Ag Committees reject ending ethanol subsidies

US - Some of the biggest livestock groups in the country, including the National Cattlemen's Beef Association and the National Pork Producers Council (NPPC), want to see subsidies for the ethanol industry phased-out.
calendar icon 9 March 2007
clock icon 1 minute read

The groups point out the livestock industry receives no direct subsidies, and they believe the ethanol industry should stand on its own as well, especially since explosive growth in the ethanol industry has caused livestock feed prices to jump by 80% or more in less than a year.

But the Chairmen of the House and Senate Agriculture Committees both disagree with that assessment. In separate press conferences Thursday, both Senate Ag Committee Chairman Tom Harkin of Iowa and House Ag Committee Chairman Collin Peterson rejected ending ethanol subsides as a matter of policy.

Asked by Brownfield about NPPC's policy stance calling for an end to ethanol subsidies, Harkin said he opposed it. "I am not supportive of that," Harkin said. "I understand maybe where they're coming from, but I think these things have a way of leveling out."

Source: Brownfield Connections

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.