Wednesday 1 February 2012

Canadian study of ethanol policies impact on the livestock industry

A study carried out by the George Morris Centre has demonstrated how the growth of the ethanol industry in Canada has had a negative economic consequences for the livestock industry. The Canadian Pork Council (CPC) partnered with the Canadian Cattlemen’s Association and the Canadian Meat Council to have this work done by the George Morris Centre to provide the beef and pork industries with analytical information on the implications for the livestock sector of Canadian ethanol policies.

"This careful assessment of the evidence confirms for pork producers what we have felt all along the rapid growth of ethanol production in recent years has affected the livestock industry by increasing grain prices," stated CPC Chair Jean-Guy Vincent. "We strongly urge governments federal and provincial to take the results of this study into account in considering any further stimulation of ethanol production in this country." Read more ...
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