The nation’s largest livestock and poultry trade associations asked the Senate leadership to allow a 30-year-old tax credit and a protective tariff for ethanol to expire as scheduled at the end of the year. The request was made in a letter signed by the American Meat Institute, the National Turkey Federation, the National Chicken Council, the National Cattlemen’s Beef Association, the National Pork Producer’s Council and the National Meat Association.
“Although we support the need to advance renewable and alternative sources of energy, we strongly believe it's time that the mature corn-based ethanol industry operate on a level playing field with other commodities that rely on corn as their major input,” the groups said in its letter. “Favoring one segment of agriculture at the expense of another does not benefit agriculture as a whole or the consumers that ultimately purchase our products.”
The Senate Finance Committee now is considering whether to extend the ethanol blender’s credit and the tariff on imported ethanol. Both expire at the end of 2010.
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