Welcome to the Pennsylvania Soybean Board
The Pennsylvania Soybean Board (PSB) consists of a farmer-driven board responsible for managing Pennsylvania’s share of funds received from the national soy checkoff program.
The soy checkoff helps ensure a strong and profitable future for soybean farmers. Through the checkoff, each farmer contributes one-half of 1 percent of the price of each bushel, which elevators and processors collect at the first point of sale. The checkoff uses the funds for activities to improve the profit potential for all U.S. soybean farmers.
PSB primarily focuses on soybean research, marketing and education to support the profitability of Pennsylvania soybean farmers and the soy industry.
What is the Soy Checkoff’s Request for Referendum (RFR)?
Soybean farmers originally voted to approve the checkoff and may vote to reconsider. The Soybean Checkoff Act & Order automatically provides farmers the opportunity to RFR every five years. If USDA determines that at least 10 percent of U.S. soybean farmers have requested a referendum, then a referendum will be held within one year from that determination. The last RFR period occurred in 2014. At that time, .06 percent of all U.S. soybean farmers signed an RFR form. The next request period begins in May 6, 2019 and ends on May 31, 2019.
The final results of the RFR will be made public by USDA in the summer of 2019. The results will be announced through an official USDA press release and published in the Federal Register. In addition, USDA will post the official results online.
Pennsylvania Soybean Board Mission Statement
Adopted August 4, 2016
The Pennsylvania Soybean Board will invest soybean checkoff resources to advance soybeans in the Commonwealth, enhance sustainability, and provide opportunities for Pennsylvania Soybean Growers.
A new strategic plan that charts the future course of the Pennsylvania Soybean Board was adopted by the farmer/leaders of the Board at its August 2016 meeting. The strategic plan will guide the Board as it considers checkoff-funded research priorities, educational opportunities, outreach and other projects.
The six key objectives are to:
1. Advance animal agriculture in Pennsylvania. (Animal agriculture is the number one domestic customer for soybean meal.)
2. Encourage awareness and use of sustainable agricultural production practices.
3. Provide sound information on GMO production to key influencers and decision makers.
4. Foster awareness of the market potential of new varieties of soybeans, including high oleic soybeans. (High oleic soybean varieties produce oil that has unique benefits for food and industrial users and could increase the value of all U.S. soybeans.)
5. Educate key influencers and decision makers about the issues, benefits and challenges of agriculture in Pennsylvania.
6. Promote the use of soybean-based biofuels and bio-heat through partnering opportunities.