EPIC | Changing Renewable Fuels Standard Not the Fix to Food Prices

(Omaha, Neb.) – Recent calls to reduce the renewable fuels standard (RFS) seem like an easy and immediate fix to world food shortages. However, the factors influencing global food prices and supplies are a result of converging global production and demand issues that go far beyond corn-based ethanol.  Changing U.S. energy policy will not provide short-term relief on the food supply and decrease food prices as many expect.  In fact, relaxing the renewable fuels standard mandate actually may escalate food prices now and in the future by driving fuel prices even higher.

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