United Soybean Board (USB)
Chesterfield, MO 63017
The United Soybean Board (USB) administers soybean checkoff activities focusing on research and market development and expansion. Like producers of other commodities, such as beef, dairy and eggs, soybean farmers collectively invest a portion of their product revenue to fund research and promotion efforts. This collective investment is called a checkoff. The soybean checkoff is supported entirely by soybean farmers with individual contributions of 0.5 percent of the market price per bushel sold each season. The efforts of the checkoff are directed by the United Soybean Board, composed of 69 volunteer farmer-leaders often nominated by their state-level checkoff organizations, called Qualified State Soybean Boardss (QSSBs). The nominees are appointed to the board by the U.S. Secretary of Agriculture.