"[Food and livestock] industries were able to buy subsidized grain for about 50 years and I'm sure they liked that – having the government pay for half of their input costs," Broin said. He added that ethanol production doesn't simply compete with livestock for the same grain, but instead offers producers an affordable by-product, dried distillers grains.
Additionally, Growth Energy CEO Tom Buis argued, ethanol production does not require 40% of corn crop as publicized by livestock groups.
"That's a gross number, not a net number because of the displacement of the proteins from corn after starch is extracted, and the displacement of soybean meal," Buis said.
The Growth Energy press conference was part of a larger set of scheduled meetings with members of Congress to answer questions about the ethanol industry.
The group also expressed concern that a repeal or alteration of the RFS would push back ethanol advancements and create uncertainty for producers, marketers and ultimately the consumer.
"Any changes to the program would have a devastating effect, creating uncertainty in the marketplace and halting investment in new technologies for biofuel production," Buis said.
"Not only is this legislation short sighted," he added, "it prevents free market access for a price competitive product."
The legislators' bill is supported by: ActionAid USA, the American Frozen Food Institute, the American Meat Institute, the Competitive Enterprise Institute, the Environmental Working Group, the Grocery Manufacturers Association, the Milk Producers Council, the National Cattlemen's Beef Association, the National Chicken Council, the National Council of Chain Restaurants, the National Marine Manufacturers Association, the National Restaurant Association, the National Taxpayers Union, the National Turkey Federation, the Outdoor Power Equipment Institute, and Taxpayers for Commonsense.
Read more about the RFS:
EPA Proposes 2013 Renewable Fuel Standards
Renewable Fuels Standard, Biofuels Continue to Take Hits
Renewable Fuels Standard Question Isn't Dead
RFS Questioned as Livestock and Ethanol Producers Butt Heads