NCBA opposes any increase above 7.5 billion gallons for feedgrain-based ethanol mandates. Currently, the Renewable Fuels Standard requirements, which passed as part of the Energy Policy Act of 2005, require at least 7.5 billion gallons of production by 2012.
"A 15 billion-gallon Renewable Fuels Standard for feedgrain-based ethanol will deal a serious blow to cattle producers if we experience anything short of a record corn crop year after year," says Truitt. "An incredible 5.4 billion bushels of corn - roughly equal to 43% of the projected 2007 U.S. corn production - would be needed to produce the 15 billion gallons of feedgrain-based ethanol proposed."
From Indiana Prairie Farmer
HT: The Oil Drum