Ag News
Georgia Soybean Commission announces 2019 funding
Posted on May 22, 2019 at 0:00 AM
Earlier this year, the Georgia Agricultural Commodity Commission for Soybeans approved over $200,000 in funding for 13 separate research and extension projects as well as promotional activities.
The research projects funded included: soybean production research, the continuation of soybean IPM sentinel plots, support of the statewide variety testing program, development of high yielding soybean varieties, soybean improvement via insect resistance, development of irrigation strategies specific to soybeans, sponsorship of the annual soybean & small grain expo and continued support of the Georgia Automated Weather Network.
Like producers of other commodities, such as corn, cotton and peanuts, Georgia’s soybean farmers collectively invest a portion of their revenue to fund research and promotion efforts. This investment is called a checkoff. The soybean checkoff is a nationwide effort supported entirely by soybean farmers with individual contributions of 0.5% of the market price per bushel sold each season.
Success for soybean farmers in today’s market takes more than just a good harvest. Increasing demand for soybeans is an essential part of the equation. The soybean checkoff helps facilitate market growth and creation by funding research at land-grant universities as well as promotional efforts. In Georgia, 76% of checkoff funds collected go to fund research – which is crucial in the development of new varieties, improvements in production efficiency, and advancements in insect, weed and disease management.
By investing in research and building demand, the U.S. Soybean Checkoff helps ensure a sustainable and profitable future for soybean farmers in Georgia and across the nation. For more information on the soy checkoff or to receive the Georgia Soybean News, contact Billy Skaggs at gasoybean@gmail.com. For more information on the soybean checkoff, visit www.unitedsoybean.org.
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