Cattlemen support ethanol funding fade out
Jul 29, 2009 | 586 views | 0 0 comments | 7 7 recommendations | email to a friend | print
FORT WORTH – The Texas and Southwestern Cattle Raisers Association recently applauded legislation that would phase out government subsidies for corn-based ethanol over five years and promote the commercial development of second-generation biofuels.

The Affordable Food and Fuel for America Act, introduced by Representatives Joseph Crowley (D-NY) and Mary Bono Mack (R-CA), would force corn-based ethanol to become commercially viable without the assistance of government dollars and compete with other commodities that use corn for input, but don’t draw on government subsidies to remain viable.

“It has become apparent over the past several years that relying on food for fuel doesn’t work,” TSCRA President Dave Scott, a rancher from Richmond, said.

According to the United States Department of Agriculture Economic Research Service, in 2008, feed costs for livestock, poultry and dairy reached a record high of $45.2 billion – an increase of more than $7 billion over 2007 costs. Yet farm gate cattle and calf receipts have remained between $49 and $50.2 billion during the past five years.

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