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RFS Waiver May Offer Little for Beef Producers

Barb Baylor Anderson

Beef producers may see little relief in the way of feed costs or availability, if the U.S. Environmental Protection Agency (EPA) grants the short-term Renewable Fuel Standard (RFS) waiver sought by some groups. Recent analysis completed by the Food and Agriculture Policy Research Institute at the University of Missouri (FAPRI MU) suggests a full waiver might reduce corn prices by just 4¢ per bushel (bu.) during the current marketing year and only increase corn available for livestock feed by 25 million bu. The analysis also estimates the waiver would have almost no effect on retail beef prices in 2013. ...

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