More Ethanol-subsidy Cuts Needed: Usda

摘要

U.S. ethanol producers were recently criticized by U.S. Agriculture Secretary Ed Schafer for depending too heavily on government subsidies and he said reductions in government support were needed, according to The American Meat Institute. "The ethanol industry has incorporated the factrnthere are subsidies into their operational, financial models. I think that is a mistake," Schafer said. "They are going to have to see a gradual... step-down reduction in subsidies."