United Soybean Board Facts and Figures

• The United Soybean Board (USB) was created under the Soybean Promotion, Research and Consumer Information Act and is overseen by the U.S. Department of Agriculture’s Agricultural Marketing Service.
• USB consists of 69 volunteer farmer-leaders often nominated by their state-level soybean-checkoff organizations, called Qualified State Soybean Boards (QSSBs). The nominees are appointed to the board by the U.S. secretary of agriculture.
• The soybean checkoff helps facilitate market growth and creation by funding and directing marketing, research and commercialization programs.
• USB is supported entirely by U.S. soybean farmers with individual contributions of 0.5 percent of the market price per bushel sold each season.
• Checkoff funds are invested in the areas of animal utilization, human utilization, industrial utilization, industry relations, market access and supply.