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Common sense would tell you that if something is broken, it should be fixed. However, once again common sense has not prevailed within the Environmental Protection Agency (EPA). Just a few days ago, the EPA denied a waiver of the Renewable Fuel Standard (RFS) for this year. The EPA’s decision to deny much-needed relief to American livestock producers, food producers, and consumers was extremely disappointing. With a steep decline in corn production this year and a sharp increase in corn prices, the economic harm of the RFS is undeniable.
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