ACI ANNUAL BUSINESS MEETING
MARCH 30 - BECK'S CENTER
Please be ACI's guest for a bar-b-que dinner on Thursday, March 30, 2017 from 5:30 to 7:30 p.m. at the Beck Agricultural Center located at 4540 US 52 West in West Lafayette. ACI President, Amy Cornell, will update members on ACI's key priorities and programs, recognize retiring directors, and elect new board members. We will also be joined by
, a dynamic executive coach, who will share tips on unlocking the hidden motivation in your organization.
You won't want to miss this great networking opportunity for you and other ACI members. RSVP at email@example.com to reserve your place. See you on the 30th!
Update from the Indiana General Assembly
The General Assembly is quickly approaching the end of second house action, with next week being the last opportunity for bills still pending in second house committees to be heard. Final day for passage has been moved up to April 6 with two weeks of conference committees following.
Last Monday, HB 1237 - Grain Buyers and Warehouse Licensing, was heard before the Senate Agricultural Committee. Representative Lehe presented Amendment #5, an amendment designed to resolve some of the major points of contention amongst the competing interests, and was taken by consent. ACI has had some concerns regarding the precedence set by the retroactive grain coverage. However, some of these anxieties were put at ease during the bill's hearing. Chairwoman Leising frequently stated that she did not want to allow for retroactive coverage ever again, and multiple stakeholders agreed to this sentiment in their own testimony. The bill passed out of the Senate Agricultural Committee by a vote of 7-0. The bill was heard for its Second Reading in the Senate on Thursday. The amended bill will be eligible for Third Reading in the Senate next week.
On Tuesday, Senate Bill 515 was heard for its First Reading in the House Ways & Means Committee. The bill provides for various new types of tax exemptions and deduction. In particular, SB 515 allows for a sales tax exemption on agricultural equipment and machinery. An amendment was proposed, Amendment #15, which would broaden the sales tax exemption even further to include equipment such as fertilizers, pesticides, fungicides, seeds and other applicators. The amendment was adopted by consent. The bill passed out of committee 18-2. However, the language does not allow sales tax exemption for tendering equipment. ACI members are urged to share this bill with their tax advisors.
For more details on the above bills and the full policy report, click HERE.
To review all bills ACI is tracking, click HERE.
Global Markets for Agrochemicals Expected to Reach $266 Billion by 2021
Research and Markets has announced the addition of the "Global Markets for Agrochemicals"
report to their offering. This research report presents an in-depth analysis of the global agrochemical market by product type and regional geographic markets. It covers the major categories of agrochemicals used for crop protection across the globe. The evolving trends and ongoing research and developments in the field of agrochemical developments have been studied in detail. The report analyses the active ingredients used in the market and not the formulations. To read more, click
Joseph Levitt, partner, Hogan Lovells LLP, Washington, told soft wheat millers participating in the annual spring conference of the North American Millers' Association that FSMA is a "big deal and is here to stay." Levitt outlined five underlying principles for approaching FSMA.
- Implementation of FSMA will go forward
- FSMA raises the bar for food safety for all companies
- FSMA is aimed at the entire supply chain
- FSMA has worldwide impact
- It's all about prevention
Levitt noted the flurry of executive orders issued by the Trump administration relating to regulations and budget will have some effect on the pace of implementation and enforcement; for instance, the issuance of further guidance documents may be delayed. But a rollback of FSMA itself was not in the cards. To read more, click HERE.
EPLP Alum Promoted to FLM+ Leadership Team
Cody Cheetham, EPLP Class 14 Alum, was promoted to Vice President of FLM+, a hybrid strategic consulting, marketing and communications company. She will join the company's leadership team. Cheetham will lead a team serving FLM+'s retail and farmer cooperative clients.
To read more, click
Weekly Washington Report - 3-27-17
to access the full Washington Report featuring these important stories:
- Everybody Loves Sonny Perdue Based on Confirmation Hearing
- Ag gets White House Attention on Ag Day; Reassurance on Trade Priority
- House Ag Hears About Farm Bill Dairy Fixes Needed
- Brazilian Beef Scandal Raises Calls for Import Ban; USDA Assures on 100% Re-inspection
- Biodiesel Board Wants Antidumping Duties on Argentine, Indonesian Imports
- PRIA Passes House, Heads to Senate
- Trump Administration to Send NAFTA Hill Notification, Review of Existing Trade Deals
|ACI Board of Directors
Lowe's Pellets & Grain
IPFACA Past Chair
IGFA BOARD MEMBERS
J. P. Morgan Securities, LLC
Dr. Ken Foster
IPFACA BOARD MEMBERS
Crop Fertility Specialist
Roy Umbarger & Sons
Dr. Joe Anderson