Gov. Jim Doyle announced $33 million in ag initiatives at the Dairy Business Association’s annual conference in Madison, Wis., last week. The components are part of his administration’s Next Generation Ag Plan.
- $13 million to help producers deal with runoff pollution.
- $1.3 million in tax credits to update and upgrade dairy processing facilities.
- $800,000 for a grazing-lands conservation initiative.
- $10 in industrial revenue bonds for whey processing plants to increase capacity and invest in international markets.
- Up to $1 million in tax credits to modernize meat processing plants.
- Tax credit to help cheese cooperatives streamline their businesses and work together.
The last two items still require legislative approval; the other incentives were included in the state’s latest budget that was signed in October.
This is a new way of doing business, says Doyle. “We’ll get more done by working together.”
Source: Milwaukee Journal-Sentinel