(Reuters) - Hard-hit livestock and poultry producers petitioned the government on Monday to reduce or cancel the required use of ethanol in gasoline for a year, asking for "a little help" to ride out the worst drought in 56 years.
The request for a first-ever waiver from the federal Environmental Protection Agency's mandate, which in essence requires that more than a third of the U.S. corn harvest be converted into ethanol, comes as grain prices have surged to record highs, driving up feed costs and squeezing profits for producers.