NAMA Shortcuts
Member Directory
Best of NAMA 2014
Upcoming Events
Chapters
Agri-Marketing Conf
More NAMA












IOWA'S GOVERNOR SIGNS LAW ALLOWING CORN CHECKOFF RATE TO RISE
BrownfieldAgNews reports:

Iowa Governor Terry Branstad has signed into law a bill that allows for future increases in the state's corn checkoff.

Legislation creating the corn checkoff in 1976 capped the corn checkoff at one-cent per bushel. That level was reached in 2012.

Iowa Corn Growers Association president Roger Zylstra of Lynnville says his group supported the legislation.

"Our challenge we felt moving forward is that, at some point in time, we would probably need to go higher than that with the demands that are placed on us for promoting corn the corn industry," Zylstra says.

"So we thought it would be a good idea to get that cap raised, although at this point we're not asking for a checkoff increase and not even considering it for the next several years."

Under the law, the maximum checkoff rate for the next five marketing years-through August of 2019-cannot exceed two cents per bushel. After that, the maxiumum rate is capped at three cents per bushel.

Any increases would have to be approved by the Iowa Corn Promotion Board and by a referendum of Iowa corn producers.


Search News & Articles
























Proudly associated with:
American Business Media Canadian Agri-Marketing Association National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters American Agricultural Editors' Association Livestock Publications Council
All content © Copyright 2014, Henderson Communications LLC. | User Agreement