He said an important bill for NeCGA is LB 1057. The bill would allow an increase in the corn checkoff rate in Nebraska.
"The checkoff rate, at one quarter of one cent, has been unchanged for more than two decades and is the lowest in the country, significantly lower than other major corn-producing states," he said. "Yet Nebraska is the third largest corn producing state and second largest ethanol producing state. As a national leader, we have a responsibility to fund research, education and market development projects. Yet the current rate has half the purchasing power it did when it began, and we’re lagging behind."
Hunnicutt said by increasing the corn checkoff, Nebraska will be able to keep pace with the current needs for market development, research, promotion and education, as well as be in a better position to support livestock producers and the issues they may face in the future.
"A lot of good will come from an increase in the corn checkoff, which is why we support LB 1057 and made it the Nebraska Corn Grower Association’s priority bill for the current legislative session," he said.
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