Will EPA allow more than 10% ethanol in gasoline?

Will EPA allow more than 10% ethanol in gasoline? I'm Greg Martin, this is Market Line. The big question is will the EPA allow higher percentages of ethanol. That decision is awaiting government tests of how higher blends affect various car engines. Ethanol is produced primarily from corn in the U.S. and corn farmers and ethanol refineries would like to see that 10% cap, also known as an E10 blend, raised to 15%, or E15. Ag Secretary Tom Vilsack says it looks very positive. VILSACK: They are in the process of working with the Department of Energy and a series of test that are being conducted on a variety of engines. I believe that there is an indication that in the later model vehicles E15 would work without significant problems. In some of the older vehicles it may be a little bit more difficult and so they're trying to figure out precisely where that cut-off point is. Of course that be great news to corn farmers and may have been a factor in yesterdays grain market. On Wednesday Chicago May corn up 5 ¼ at 3-86 ¾. May wheat was up 11 ¼ at 5-15 ¾. Portland soft white wheat unchanged at 4-80. New crop August soft white unchanged at 4-65 to 4-7. Only new crop August bids on HRW 11.5 % protein 5-62 to 5-67 up 9. DNS 14% protein up 10 to up 7 at mostly 6-91. April live cattle up 2 at 92-98. April feeders up 525 at 104-95. April Class III milk down 17 at 13-01. I'm Greg Martin and that's Market Line on the Northwest Ag Information Network.