date:Jul 26, 2012
incentives for ethanol production are reduced when corn stocks are expected to reach critically low levels.
Based on this finding, the coalition stated its support for the proposed Renewable Fuels Standard Flexibility Act, which would require a biannual review of corn stocks, with the RFS falling in line with corn stocks. For example, if the ratio falls below 10%, the RFS would be reduced by 10%, and if it fell below 5%, the RFS would be reduced by 50%.
It warned that without such a policy, t