Small Business Resources, Business Advice and Forms from AllBusiness.com

Nebraska Corn, Soybean Farmers Face Higher Fees to Fuel Ethanol Fund.

By Chris Clayton, Omaha World-Herald, Neb. Knight Ridder/Tribune Business News

Nov. 25--LINCOLN, Neb.--Corn and soybean growers likely will pay higher state checkoff fees next year to provide incentives for producing ethanol in the state.

The state's incentive fund is facing a potential $42 million shortfall by the end of the current program in 2012.

To qualify for the subsidy, a plant must be operational by June 30 of next year. Lawmakers are considering increasing the checkoff money that already funds the incentives.

"Right now,

In addition, make sure to read these premium articles also available with your free trial:

T T T
art_print Printart_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

Free AllBusiness Articles

  • Legislation could spell bright future for Volney ethanol plant
    • VOLNEY - Eric Will II has recent federal legislation on his side as he continues construction of an ethanol plant at the Riverview Business Park in Volney. Will, principal of Northeast Biofuels LLC, says that President George W. Bush's recent signing of the Energy Independence and Security Act of 2007 ......
  • ETHANOL'S BRIGHT FUTURE.
    • The 2002 Ford Explorer FFV due out late this year looks like the company's standard four-wheel drive. You can order it with options like a leather-wrapped steering wheel and a 6-disc CD player. But under the hood there's an important difference. The engine can run on either gasoline or nearly ......
  • John M. Urbanchuk explores the viability of building an ethanol plant in Central New Jersey
    • The federal Environmental Protection Agency just announced it will ban the controversial gasoline additive MTBE and encourage the use of corn-based ethanol as a replacement. For the past year, the New Jersey Farm Bureau has been considering building an ethanol production facility in Central New Jersey. John M. Urbanchuk is ......
  • MO Governor Announces Commitment to New Ethanol Standard.
    • Missouri governor Matt Blunt recently helped celebrate the grand opening of Mid-Missouri Energy's 40-million-gallon-per-year ethanol plant, located outside of Malta Bend, MO. During the event, Blunt announced his intention to enact a new state ethanol requirement. "There is no reason to remain dependent on Middle Eastern oil when our families ......
  • Neither renewable nor reliable: increased dependence on ethanol would place the United States at the mercy of a highly volatile energy source.
    • Until recently, the process of producing ethanol was widely believed to use more energy than it created. But farming and ethanol conversion practices have improved, and ethanol proponents now argue that it is a sustainable and more secure alternative to gasoline. For instance, a particularly optimistic study conducted by ......
  • MO Governor Extends Ethanol Producer Incentive Fund.
    • Missouri governor Matt Blunt signed Senate Bill 355 late last week, which extends the Missouri Qualified Ethanol Producer Incentive Fund from its current sunset in 2007 to 2015. Additionally, the bill allows funding for the Biodiesel Incentive Fund to be derived from general revenue. "Improvements to biodiesel and ethanol laws ......
  • Northwest Indiana update: the region's top business news.
    • FOLLOWING THE SUCCESS of Purdue University's technology park near Crown Point in Lake County, technology again is making news in the heart of the nation's steel industry In Hammond, the city's first business incubator opened last month as a partnership of Purdue University Calumet and the city of Hammond. The ......
Related Topics
Tools

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.