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3/27/2014
IOWA CORN GROWERS ASSN.

Checkoff Legislation Signed By Governor Branstad

JOHNSTON, Iowa - March 26, 2014 - Progressively started in 1977 by farmer referendum, the Iowa Corn Promotion Board checkoff legislation signed today by Governor Branstad removes current restraints limiting future control of farmer dollars. The legislation specifically raises the legislative cap (HF 2427) on the checkoff, allowing for incremental growth only by farmer referendum. Specifically, the legislation signed today, does not implement any changes to the current collection rate of one cent.

"Any decision regarding the checkoff rate would continue to be in the hands of Iowa corn farmers through a referendum, just as it was when created by the legislature in 1976 and voted on by farmers in 1977," says Roger Zylstra, a farmer from Lynnville and current ICGA President. "We thank Governor Branstad and the Iowa Legislature for unanimous passage of this bill and for the recognition that farmer dollars are best managed by farmers."
The bill unanimously passed both the Iowa House and the Iowa Senate. Governor Branstad signed the bill into law this afternoon. HF2427 changes the current legislative cap progressively from one cent to three cents, and reaffirms that any future increase in the checkoff rate may only be made by farmer referendum.

Historically, the Iowa Corn Checkoff was established by producer referendum in 1977. The Iowa Corn Promotion Board, made up of farmers elected by their peers, invests checkoff dollars for research, education, promotion, and market development. The checkoff is collected on corn that enters commercial channels, but not on grain used on-farm. The corn checkoff was moved in 2012 via referendum to the current rate of 1 cent per bushel marketed. Producers are able to request a refund of their checkoff contribution.

For more information on how checkoff dollars are used contact the Iowa Corn Promotion Board at 515-225-9242 or visit IowaCorn.org.

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The Iowa Corn Promotion Board (ICPB) works to develop and defend markets, fund research, and provide education about corn and corn products. The Iowa Corn Growers Association (ICGA) is a membership organization lobbying on agricultural issues on behalf of its 7,600 farmer members. Both organizations work on the joint mission to create opportunities for long-term Iowa corn grower profitability.




CONTACT:
Mindy Williamson
Communications & PR Director
515-225-9242
mwilliamson@iowacorn.org

 

 

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