Livestock producers are suffering from high feed prices. Soon, we will likely see a reduction in numbers in our livestock herd which will translate ultimately to higher protein prices for consumers.
This issue is not just domestic in nature. U.S. corn prices have an impact on the world market. Most other countries that use our corn do so for human consumption. In places like Africa, the effect of high U.S. corn prices is a contributor to famine conditions.
Ethanol battle unlikely to fade
Livestock, food industries discuss intensifying push to change law
By BRETT CLANTON
Copyright 2008 Houston Chronicle
Aug. 8, 2008, 10:08PM
Efforts to cut or freeze U.S. corn ethanol requirements are unlikely to end with the federal government's denial Thursday of Texas Gov. Rick Perry's plea to waive half of this year's mandate.
Livestock and food industry groups that backed the request already are talking about increased lobbying efforts in Washington to change the law.
Legislation under discussion in the Senate could...(complete article here).
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