Michigan corn growers say they need a more stable renewable fuel standard
Michigan corn growers say uncertainty over the federal renewable fuel standard is hurting the state’s agricultural economy.
The standard sets the ethanol mixture in gasoline.
The National Farmers Union released a report this week claiming delays in setting ethanol fuel standards are depressing corn prices.
“Corn used to be a nice crop to grow, but basically at today’s prices it’s a break-even crop,” says Jeff Sandborn. He grows corn in Portland, between Grand Rapids and Lansing. “When farmers don’t make money they don’t spend money.”
Corn growers are fighting a push by oil companies to get out of a requirement that they blend ethanol in gasoline.
Oil companies say they need flexibility when there are distribution problems with ethanol producers.