Managing Checkoff Dollars
The Ohio Soybean Council (OSC) was founded in 1991 to manage the Soybean Promotion and Research Program. Ohio soybean farmers pay one half of one percent of the bushel price to the soybean checkoff when they sell soybeans. OSC collects those funds and sends half to the United Soybean Board. The other half is invested under the direction of a board of soybean farmers from Ohio who are elected by their peers.
The program’s primary goal is to improve soybean profitability by targeting research and development, education and promotion projects through the investment of farmer-contributed funds.