Corn Growers To Explore Payment Shift

(Wallaces Farmer) ...NCGA (National Corn Growers Association) delegates attending the meeting in Tampa, Fla., adopted ethanol policy that states "NCGA supports reforming existing ethanol tax policy. Ideas to replace existing tax law, in the following priority order, should be a variable ethanol tax credit followed by an ethanol tax credit at a reduced rate. Non-tax policies should include biofuels infrastructure, higher blends, corn starch ethanol as an advanced biofuel, or favorable flexible-fuel vehicle policy."
...Agriculture represents less than one-half of 1% of the federal budget and farmers will do their part in strengthening the U.S. economy as shown already by cutting more than $4 billion in spending on agriculture programs this fiscal year. "Corn farmers are moving forward to shape our farm and ethanol policies to work with the current political and budget situation in Washington to continue our successes in providing food, fuel, feed and fiber to America and the world," says Taylor. READ MORE