WASHINGTON Foodservice industry officials are hopeful that Congress' passage this week of the $307 billion farm bill will help ease the soaring food inflation that has battered restaurant businesses. Approved by an apparent veto-proof margin, the five-year measure would cut the per-gallon tax credit for blenders of corn-based ethanol from 51 cents to 45 cents, and raise the tax incentive for development of nonfood-based ethanol.In addition, the bill provides for government regulation ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!