date:Aug 11, 2012
ers, any action to reduce or eliminate the RFS would be premature and have immediate consequences in lost jobs and an increased reliance on crude oil imports, GRFA said. The flexibility of the RFS and the market are the most effective way of reducing demand for corn during these difficult times. Already we have seen US ethanol production curtailed by 14 percent this year while refiners are sitting on 2.6 billion RFS credits that can be used to meet their compliance obligations. This market flexi