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What is the soybean checkoff?

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What is the soybean checkoff?

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The soybean checkoff is a program that was developed by soybean producers in the United States for research, promotion and education as they relate to soybeans and the soybean industry. Funds are assessed on all soybeans at one-half of 1 percent of the market price. All funds are used in accordance with the Soybean Marketing Act and Order.

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Soybean farmers collectively invest a portion of their revenue to fund research and promotion efforts. This collective investment is referred to as a checkoff. Since 1991, soybean farmers throughout the nation have invested in their future with their checkoff dollars.

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