Mississippi Soybean Promotion Board is made up of 12 farmer-leaders who oversee the investments of the soy checkoff on behalf of all Mississippi soybean farmers. These volunteers work to increase soybean farmer profitability by investing checkoff dollars in ongoing public research and extension programs that address Mississippi production challenges, and driving the adoption of best management practices developed through research and ensuring the sustainability of Mississippi soybean production.
How Does the Soy Checkoff Work?
The soy checkoff is supported entirely by soybean farmers with individual contributions of 0.5 percent of the market price per bushel sold each season. Fifty percent of contributions collected in Mississippi remain in the state. The Mississippi Soybean Promotion Board invests these funds in research, promotion and education to improve the profitability of soybean production on behalf of all Mississippi producers.
The remaining 50 percent of funds are sent to the national soy checkoff, directed by the UNITED SOYBEAN BOARD. Composed of 69 volunteer farmer-leaders, USB invests soy checkoff funding to conduct research and drive demand for U.S. soybeans.