The Soybean Checkoff
The Michigan Soybean Committee is a farmer-led organization that directs the soybean checkoff in Michigan. The commodity checkoff was created under Public Act 232 in 1976. The national checkoff, directed by the United Soybean Board, began in 1991. MSC's board of directors is made up of seven soybean farmers appointed by Michigan's governor. The checkoff is assessed at at rate of 0.5 percent of the market price per bushel of soybeans sold. Half of the checkoff dollars collected are utilized by the Michigan Soybean Committee and half are sent to the United Soybean Board.
Checkoff at Work