State Corn Growers may Lose Subsidies

Members of Kentucky’s agricultural sector are keeping a close eye on the progression of a Senate bill on Capitol Hill. Last week, the Senate voted 73-27 in favor of an amendment to the Economic Development Revitalization Act of 2011 that would eliminate ethanol subsidies and protective tariffs. Should the economic development act become law - which many political analysts say is highly unlikely - the amendment would go into effect immediately and could mean trouble for Kentucky corn growers.