The National Chicken Council (NCC) supports moves to shrink the mandates on ethanol production in the Renewable Fuel Standards (RFS) as a way to avoid high feed corn prices and inelasticity in the feed market.
As Asia slowly recovers from the bird flu crisis, mounting corn
prices are now hitting poultry and other livestock producers as
they race to restock feed supplies. With corn stocks in China
hitting new lows, other feed alternatives...