The Kentucky Corn Promotion Council was established in 1994 by KRS 247.6027. Its purpose is to direct funds collected through a state checkoff of one-quarter of one percent of the price of corn sold in Kentucky.
This special fund makes much-needed market development, promotion, education, and research possible, all of which benefit the Kentucky corn industry.
The Kentucky Corn Promotion Council is a board of volunteer farmers from within the state
Four (4) are elected by the Kentucky Corn Growers’ Association Board of Directors
Two (2) are appointed by the Kentucky Farm Bureau president
One (1) is appointed by the Kentucky Commissioner of Agriculture
The Kentucky Corn Promotion Council has a proven track record of increasing profitability of Kentucky corn producers. They do this by creating new markets and enhancing existing markets for corn and corn products.
Kentucky Corn Promotion Council Leadership
Ray Allen Mackey
Kentucky Corn Grower Board Appointed Member
Kentucky Dept of Agriculture Appointed Member
Kentucky Farm Bureau Appointed Member
Kentucky Corn Checkoff FAQs.
What is the corn checkoff?
The Kentucky Corn Promotion Council makes much-needed market development, promotion, education, and research possible by collecting and administering a .0025 checkoff remitted on corn at the first point of sale when it is sold at any grain merchandiser who is a registered business with the Kentucky Department of Agriculture.
The Kentucky Corn Promotion Council is a board of 7 farmers within the state who direct the funds as they relate directly to the goals of protecting Kentucky corn farmer profitability.
Your ¼ of 1% of the gross marketed price (gross value) investment combines with other corn growers’ investments to increase the profitability of corn production by developing and maintaining markets for corn and corn products.
On average, 50% of the checkoff funds go to market development and promotion; 25% of funds are invested in research to find new uses and improve farming practices; 20% of funds support educational programs and efforts; and around 5% of your checkoff is used for administrative expenses that covers the cost of overhead for board, staff, meetings, board expenses and running the overall organization. We strive to keep administration costs very low to ensure the resources are invested in programs to boost profitability for all Kentucky corn farmers.
The Kentucky corn checkoff was established through referendum KRS.247.6001. It is declared to be in the interest of the public welfare that Kentucky farmers who are producers of corn shall be permitted and encouraged to act jointly and in cooperation with all producers, handlers, dealers, and processors of corn in promoting and stimulating, by utilization research, market maintenance and expansion, and education, the increased use and sale, domestic and foreign, of corn and corn products; and for the prevention, modification, or elimination of trade barriers which obstruct the free flow of corn and corn products to market.
What is the amount of the assessment?
The assessment is one-forth of 1% (.0025) of the gross marketed price (gross value) of the corn due to a producer for the sale of corn. Gross value is defined in KRS 251.010 (14).
What is the gross marketed price (gross value)?
The gross marketed price (gross value) is the payment due to a producer after normal price discounts, such as deductions for moisture, test weight, and foreign matter, have been calculated but, before deductions for storage or marketing charges.
Does the assessment apply to corn produced outside of Kentucky but marketed in Kentucky?
Yes. The assessment applies to any sale or transaction when corn is purchased as the first point of sale from the producer in Kentucky. The assessment does not apply to a non-producer transaction, such as a sale from dealer to dealer.
When corn is delivered for sale and payment to the producer is made at a later date, when is the assessment deducted?
The assessment is deducted from the purchaser’s payment at the time of payment to the producer. Therefore, if corn is received and full payment is delayed or partial payment is made, the assessment based on the partial payments is made at the time of the actual payments.
The full Kentucky Revised Statute regarding Assessment for Corn Promotion can be found online here. (See Section .6001-.6035)
This assessment is an investment to promote a farmer’s product.
If you have further questions about the checkoff, please contact Laura Knoth at 1-800-326-0906 or firstname.lastname@example.org