Home > News > Lastest News > Article

Preliminary Results: Corn Checkoff Referendum Passes

China Agriculture Report By CnAgri2012-07-13 19:55:24China Agriculture Report Print

The Iowa Department of Agriculture and Land Stewardship and the Iowa Corn Promotion Board today released preliminary results from the referendum to increase the corn checkoff that was held July 10. The preliminary results show a solid positive vote in favor of increasing the Iowa corn checkoff rate by one-fourth of a cent per bushel from ?cent to 1 cent per bushel, effective Sept. 1.

With results submitted from nearly all counties and most absentee ballots counted, currently over 70 percent of those who voted supported the increase. A simple majority is needed to pass the referendum.

In accordance with Iowa Code, the Iowa Department of Agriculture and Land Stewardship conducted the vote and has 30 days to officially certify the results.

The corn checkoff is collected on corn that enters commercial channels, but not on grain used on-farm.

The last increase in the checkoff was in 2008 when it was raised to ?cent per bushel marketed.

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


Explore Realted News »
Announcement on Preliminary Verified GDP Data in 2011
The Results of Preliminary Verified GDP for the First Three Quarters in 2012
U.S. Corn Export Prospects for 2011-12 Reduced
More Corn Will Go to Ethanol Than Feed in Coming Year
U.S. Corn Faces New Competitor in Colombia
Explore Realted Reports »
China Corn Market Review & Outlook
Review and Outlook of China Corn Deep Processing Market 2011
China Corn Market Monthly Report
Report on China’s Corn Processing Industry
Research Report on China’s Corn Seed Industry