In Washington, the governors of Iowa, Kansas, North Dakota, Minnesota, South Dakota and Nebraska have sent a joint letter to the White House, the EPA Administrator and the Secretary of Agriculture saying that as many as 44,500 jobs related to biofuels are at risk if the RFS is lowered as planned by the EPA.
“If the EPA’s currently proposed rule becomes final, the negative impact would be disproportionately felt by rural America. According to an Iowa State University estimate, corn prices alone could drop nineteen cents per bushel based on the proposed rule, which could bring corn prices below the cost of production for many farmers. The proposed EPA rule could also cause a ripple effect on agri-business, our communities, and the entire economy.”
