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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.
Nominees from other political parties may qualify for a smaller, proportionate amount of checkoff funds if they receive over five percent of the vote.
Now as the dairy checkoff changes with times all dairy producers must contribute to the program.
The soybean checkoff helps facilitate market growth and creation by funding and directing marketing, research and commercialization programs.
The regional checkoff is within their state or very close to the state.
Checkoff programs attempt to improve the market position of the covered commodity by expanding markets, increasing demand, and developing new uses and markets.
With the increase in money expenditures, many candidates did not use the public financing system funded by the presidential election campaign fund checkoff.
Checkoff funds are invested in the areas of animal utilization, human utilization, industrial utilization, industry relations, market access and supply.
Ten cents of this goes to the regional checkoff, and the other five cents goes to the national checkoff.
The national dairy checkoff started in 1983 as an optional program for dairy farmers to contribute to increase demand for dairy products.
