Missouri Soybean Farmers’ Priorities See Legislative Success

Missouri’s soybean farmers and the Missouri Soybean Association (MSA) commend the state’s General Assembly for their efforts in passing legislation that makes a positive impact on the bottom line for soybean producers.

“Missouri Soybean has had a strong spring in Jefferson City, and we value the hard work of our partners,” Missouri Soybean Association President Matt McCrate said. “Our farmers couldn’t have asked for a better legislative session for our top crop. We’re very appreciative of the support received for biodiesel and the soybean industry as a whole from the General Assembly.”

MSA’s top legislative priority this session was securing the completion of deferred payments within the Missouri Qualified Biodiesel Producer Incentive Fund. Farmers stand to benefit greatly from that support for biodiesel production in our state, which was recommended by Governor Nixon and included in HB 2006. The bill was passed earlier in the session and signed by Gov. Nixon May 6.

Completing the deferred biodiesel producer payments makes good on a commitment made to Missouri farmers, and supports biodiesel production, which provides for hundreds of jobs in rural areas, as well as demand for Missouri-grown soybeans.

Other MSA priorities focused on protecting the bottom line for Missouri farmers also moved forward this session. In January, legislators rejected the State Tax Commission’s recommended five percent increase of ag land values, preventing a property tax increase on Missouri soybean growers. Legislators also sent SB 655, creating the Fertilizer Control Board and SB 665, extending important value-added incentive programs under the Missouri Agricultural & Small Business Development Authority, to Governor Nixon’s desk.

Governor Nixon has until July 14 to make decisions on bills passed this session.

To learn more about how the Missouri Soybean Association works to increase the profitability of Missouri soybean farmers through advocacy and education efforts across the state, and join the Association, visit mosoy.org.