From uncovering solutions to yield-robbing pests and diseases to building demand for soybeans, the New Jersey Soybean Board and the soy checkoff work to increase the profitability of soybean production in the Garden State.
The soy checkoff works through several channels to build a strong future for the soybean industry. Learn about how the New Jersey Board leverages state checkoff funding to maximize its investments. The menu above provides information about the checkoff, checkoff-funded programs and resources for soybean farmers.
What is a soybean?
Each year, U.S. farmers grow more than 70 million acres of soybeans, which provide an important source of food, feed and fuel for the world. Soybeans are smooth, round beans similar to the size of peas. Soybeans are planted each spring, and they grow in pods on bushy, green plants. In the fall, the soybeans dry out, turn brown and are harvested. After harvest, the beans are crushed to separate the soy protein from the soybean oil. Soy protein is used in food products and to feed animals. Soybean oil is either sold as vegetable oil or it can be used in industrial products, like biodiesel, plastics or solvents.
Effective. Efficient. Farmer-Driven.
Success for soybean farmers in today's market takes more than just a good harvest. Increasing demand for soybeans is an essential part of the equation. The soy checkoff helps facilitate market growth and creation by funding and directing marketing, research and commercialization programs. By building demand both at home and abroad, the soy checkoff helps ensure a strong and profitable future for U.S. soybean farmers.
How does the soybean 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 New Jersey remain in the state. The New Jersey Soybean Board invests these funds in research and education to improve the profitability of soybean production on behalf of all New Jersey soybean producers. The remaining fifty percent of funds are sent to the national soy checkoff, directed by the United Soybean Board
(USB). Composed of 69 volunteer farmer-leaders, USB invests soy checkoff funds to conduct research and drive demand for U.S. soybeans.
Call for Research Grant Proposals
The New Jersey Soybean Board is accepting proposals for funding to conduct research related to the use and production of soybeans. For information, contact Executive Director Debbie Hart at NJ Soybean Headquarters at 609-585-6871 or email@example.com