Wednesday, July 18, 2012

"US 'absolutely not' mulling waiver to ethanol"

"US energy watchdogs are "absolutely not" mulling an easing in ethanol targets to reduce the pressure on corn supplies, despite significant damage to the crop from heat, a senior official said.
Persistent market speculation in grain markets that the Environmental Protection Agency is poised to waive obligations for ethanol use in the US is "just rumour", a spokesperson for the watchdog told"

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