October 12, 2011

Ethanol subsidies are raising cost of feed and killing jobs in the valley

Washington D.C. – Representative Jeff Denham today issued the following statement in response to a Central Valley business, Fulton Valley Farms, announcing that it will close its doors due to the high price of feed. The high cost of feed is a direct result of the ethanol mandates and subsidies, and has forced many job creators in California to shut down.

“Fulton Valley Farms will be forced to close its doors as a result of the high price of feed for its chickens and 185 Californians will lose their jobs as a result. The use of corn grown for ethanol to meet a government mandated ethanol requirement has increased cost, and as a result, consumers are paying higher prices for food at the grocery store and family farms are being forced to shut down.” said Congressman Jeff Denham. Read More

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