INDIANAPOLIS – The president of Indiana Farm Bureau wants the state’s farmers to urge the federal government to scrap a proposal to reduce the amount of ethanol in the nation’s fuel supply.
Don Villwock says corn prices have dropped more than 5 percent since word of the proposed U.S. Environmental Protection Agency rule was leaked in October.
Federal support for ethanol has been a boon to the economies of corn-growing states like Indiana. But the Obama administration says the biofuel law championed by both parties in 2007 isn’t working as well as expected.
Villwock says reducing the amount of ethanol in the nation’s fuel supply would harm Indiana’s farmers. He’s urging farmers to write to the EPA and explain what the improved crop prices have meant to their families, farms and communities.