Study: RFS waiver wouldn't have immediate impact on corn market

10/4/2012 | Reuters

Suspending the ethanol portion of the Renewable Fuel Standard would not affect corn prices and availability until a year later, according to a study from the University of Missouri's Food and Agricultural Policy Research Institute, a conclusion that other analysts have also drawn. An ethanol waiver would have little impact after one year, but it could push down corn prices by 3% in the following year, while boosting corn availability for livestock use by 2% and driving down ethanol production by 7%, the institute said.

View Full Article in:

Reuters

Published in Brief: