The US livestock and poultry associations have petitioned the Environmental Protection Agency to waive the mandate that 10% of each gallon of gasoline sold in the US be mixed with ethanol.
Ethanol is one of those eco-weenie, feel-good policy prescriptions which spawned massive unintended consequences and should be scrapped.
If the corn that is refined into ethanol is put back into the food chain, food inflation will be crimped, amid a severe drought in the US heartland.
