Monday, October 15, 2007

Ethanol is Good for Illinois Beef Producers

Apparently, the Illinois Beef Association's got a beef with critics of expanded ethanol usage. The executive director of the Illinois Beef Association disagrees with an article in a recent Wall Street Journal that quoted a meat trade official as saying the meat industry's top legislative goal is to block future increases in renewable fuel standards.

The WSJ article claimed that the ethanol industry is losing clout in Congress as food prices have risen this year.

Maralee Johnson said IBA supports expanding the ethanol industry in Illinois as a means to grow the state's livestock industry.

Johnson says she has spoken with associates this year over their fears of short corn supplies.

"Just give us a minute, and we'll produce you a lot of corn," she said.

Last June, the U.S. Senate approved a bill increasing the renewable fuel standard to 36 billion gallons by 2022, with 15 billion gallons coming from corn-based ethanol.

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