The Renewable Fuel Standard requires oil companies to blend ethanol in its products. The Obama Administration may make changes to the RFS soon. (Grant Gerlock/Harvest Public Media)
The federal government has proposed cutting the amount of corn-based ethanol oil companies have to put in the gasoline supply by more than a billion gallons. Much of the corn used to make that ethanol is grown right here in the Midwest. But as Harvest Public Media’s Grant Gerlock reports, Midwestern farmers don’t need to be worried about corn prices just yet.