Study Shows Impact of E15

According to a study released by the Food and Agricultural Policy Research Institute - increasing the amount of ethanol blended into the gasoline supply to 15-percent would have a minimal impact on ethanol, corn and food prices. In fact - the University of Missouri think tank says U.S. corn and fuel ethanol prices would rise by just four-cents each if the blend rate is increased. As for feed costs for livestock and dairy producers - the study expects an increase of just point-seven-percent. At the same time - the study shows the higher rate would help to increase farm income, cut crop subsidies by 20-million dollars a year and provide value to the nation’s economy.

At the request of five U.S. lawmakers - FAPRI examined the impacts of E15 and 10 other scenarios - including ending U.S. support for corn-based ethanol while retaining the federal mandate to use advanced biofuels. The full report is available at www.fapri.missouri.edu.

Growth Energy CEO Tom Buis says the study further reinforces that America’s farmers can produce enough corn to meet food and fuel needs without using additional land or disrupting the global food supply.