The national soybean checkoff is the producer’s resource to invest in research, market development and communications programs. The checkoff amounts to one-half of one percent of the value of soybeans sold at the first point of purchase, generally at the local elevator or grain dealer. The association is the qualified board to collect the soybean checkoff and administer research, market development and communications programs in North Carolina. One-half of the assessments collected in North Carolina are remitted to the United Soybean Board (USB) for national level research and promotion programs.
Programs and Outputs --Soybean checkoff investments result in many programs and initiatives. Investments generally fall into these areas:
Varietal Development Research
Cultural Practices Research and Extension
Marketing and Risk Management Research and Extension
Market Development Initiatives and Communications Projects