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Letter to leaders from Independent Grain Companies on 199A *AUDIO* | KRVN Radio

Letter to leaders from Independent Grain Companies on 199A *AUDIO*

Letter to leaders from Independent Grain Companies on 199A *AUDIO*

The following is a letter sent to; Speaker of the House  Paul Ryan, Senate Majority Leader Mitch McConnell, Minority Leader Nancy Pelosi and Minority Leader Charles Schumer. The letter was sent from 77 businesses in 28 different states regarding the proposed amendment to the 199A tax law.

The audio is from one of the signers of the letter. John Meuret of J.E. Meuret Grain Company in Brunswick NE.

http://post.futurimedia.com/krvnam/playlist/john-meuret-indepenent-grain-on-199a-3673.html

Dear Speaker Ryan, Leader McConnell, Leader Schumer and Leader Pelosi:

 

We are writing on behalf of thousands of independent businesses that help farmers, ranchers and dairy producers across the United States deliver their products to the world. We are concerned that language in the Tax Cuts and Jobs Act has fundamentally disrupted the agricultural economy by giving farmers, ranchers and dairy producers a substantial tax incentive not to sell their products to thousands of independent companies across the American heartland. If Congress does not fix this unintended glitch in the law, countless businesses—including thousands of small, family-owned independent companies—will be forced into costly restructuring, selling to rivals or going out of business. This will not only destroy home-grown jobs and rural economies, but it will also disrupt the supply chain for agricultural products and destabilize the market for everything from milk and grain to meat and poultry.

 

That is why we support the proposed language, backed by many cooperatives and independent businesses, to restore the original intent of the law by providing farmers with a deduction they previously claimed on net income from their sales to farmer-owned cooperatives, without hurting the independent operators whose businesses will take a hit if Congress does not correct this unintended mistake. This fix is a win-win solution that levels the playing field for co-ops and independent operators, while restoring a competitive market for farmers and giving them the deduction they deserve. We urge you to include this new language in the omnibus spending package working its way through Congress.

 

Sincerely,

 

(Coalition Signers)


  1. erega’s Sons, Inc.

Lee’s Summit, MO

 

Agribusiness Council of Indiana

Zionsville, IN

 

Almota Elevator Company

Colfax, WA

 

Anheuser-Busch Companies

St. Louis, MI

 

J.E. Meuret Grain Co. Inc.

Brunswick, NE

 

Justus Trading Co. Inc.

Hauser, ID

 

Kentland Elevator & Supply Inc.

Kentland, IN

 

Kokomo Grain Company

Kokomo, IN

 

Annapolis Grain Co.

Annapolis, IL

 

Archer Daniels Midland Company

Chicago, IL

 

Attebury Grain, LLC

Amarillo, TX

 

Badger State Ethanol

Monroe, WI

 

Beachner Grain, Inc.

Parsons, KS

 

Big D Ranch Inc.

Meridian, ID

 

Brink Grain, Inc.

Sandoval, IL

 

Brown Milling Inc.

Mt. Pleasant, MI

 

Bunge North America

Chesterfield, MO

 

Cargill Inc.

Wayzata, MN

 

Cassidy Grain Co.

Frederick, OK

 

Central Grain Co

Belvidere, IL

 

CGB Enterprises, Inc.

Mandeville, LA

 

Christian County Grain Inc.

Pembroke, KY

 

Lansing Trade Group, LLC

Albany, NY

 

Leigh Investments, LLC

Trenton, KY

 

Michigan Agricultural Commodities

Lansing, MI

 

Michlig Grain

Manlius, IL

 

Midwest AgEnergy Group

Underwood, ND

 

Minn-Kota Ag Products, Inc.

Breckenridge, MN

 

National Grain and Feed Association

Arlington, VA

 

Negal Farm Service, Inc.

Preston, MD

 

North American Millers’ Association

Arlington, VA

 

Owensboro Grain Co.

Owensboro, KY

 

Pasley’s Grain, Seed & Feed

Idaho Falls. ID

 

Perdue Agribusiness LLC

Salisbury, MD

 

Pettisville Grain Company

Pettisville, OH

 

Power Financial LLC

Bismarck, ND

Columbia Grain International, LLC  

Portland, OR

 

Cornerstone Ag Advisors, LLC

Kansas City, MO

 

Dakota Mill & Grain

Rapid City, SD

 

Dean Foods Company

Arlington, VA

 

Deerfield Ag Services

Deerfield, OH

 

Demeter LP

Fowler, IN

 

Dressler Truck Service

Freeburg, IL

 

Duffy Grain, Inc.

Columbus, WI

 

EGT, LLC

Longview, WA

 

Elkhart Grain Co.

Elkhart, IL

 

Exporter Elevator

West Chester, IA

 

Fagen Elevator, Inc.

Keota, IA

 

Farm City Elevator, Inc.

Darien, WI

 

Franklin Elevator, Inc.

Franklin, IL

 

Red River Grain Company

Breckenridge, MN

 

Rock River Lumber & Co.

Prophetstown, IL

 

Ruff Brothers Grain Company

Toluca, IL

 

Rumbold & Kuhn, Inc.

Wyoming, IL

 

Russell Grain Inc.

Industry, IL

 

Sorrells Farm Supply, Inc.

Raymond, IL

 

Star of the West Milling Co.

Frankenmuth, MI

 

The Andersons, Inc.

Maumee, OH

 

The Arthur Companies

Arthur, ND

 

The DeLong Company, Inc.

Clinton, WI

 

The Mennel Milling Company

Fostoria, OH

 

Tyson Foods

Springdale, AR

 

United Grain Corporation

Vancouver, WA

 

Vic-Cal Grain Company

Placedo, TX

 

Galesville Elevator

Mansfield, IL

 

Gavilon Grain, LLC

Omaha, NE

 

Gavilon Ingredients, LLC

Omaha, NE

 

GFG Ag Services LLC

Stanberry, MO

 

Grain Craft

Chattanooga, TN

 

Green Plains

Omaha, NE

 

Inland Empire Milling Co.

St. John, WA

Irsik & Doll Feed Services, Inc.

Cimarron, KS

W.C. Gretter and Sons Inc.

Harper, IA

 

WF Ware Company, Inc.

Trenton, KY

 

Wheeler Brothers Grain Company

Watonga, OK

 

Wilbur-Ellis Company

San Francisco, CA

Wilkins Rogers Mills

Mount Joy, PA

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