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Corn Growers Focus On Tax Fairness

Directors of the Indiana Corn Growers Assn. have laid out a 2016 state legislative agenda focused on local road funding, property tax reform, and tax fairness for E85 fuel. The ICGA board approved the priorities this week ahead of the January start to the legislative session.
 
Farmers are calling on the General Assembly to increase funding for local roads and bridges.
 
"All across our state, local roads and bridges are crumbling," said ICGA president Mike Nichols, a farmer from Spencer County. "The legislature needs to step up and improve the condition of local roads to help us move equipment, crops, livestock, and inputs to and from our farms."
 
Numerous proposals have been revealed ahead of the spring legislative session. While Corn Growers aren't taking a position on any specific proposals yet, they are clear that local roads and bridges must be a priority.
 
"The state can't be solely focused on highways, cities, and towns," said Nichols. "Roads benefit our entire economy, and farmers are focused on improving local infrastructure."
 
Corn farmers have also outlined a reform of the state's farmland property tax formula as a 2016 priority. Rates have been driven up by over 33 percent in the past five years, and farmers are seeing increasing property tax bills while net farm income has fallen precipitously.
 
"The formula for property taxes on farmland does not take real-world conditions into account," said ICGA vice president Sarah Delbecq, a farmer from DeKalb County. "We need a formula that accurately values farmland while not forcing drastic cuts to struggling local school districts."

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.