The following is a joint statement by Missouri Farm Bureau, Missouri Cattlemen’s Association, Missouri Pork Association, Missouri Soybean Association and Missouri Corn Growers Association:
We applaud the State Tax Commission’s decision not to propose a tax increase on Missouri farmers. Raising productivity values on agricultural land at a time when farmers are dealing with the combined effects of flooding, weak prices, and trade uncertainty would have taken a tremendous toll on many families and rural communities. Missouri farmers have shown incredible resiliency in recent years and we are grateful that members of the State Tax Commission recognize the impact an increase in productivity values would have on our state’s number one industry. Their decision is welcome news to farm families who look forward to the beginning of a new year.