SALISBURY, Md. — For its current fiscal year, the Delaware Soybean Board has approved $98,260 in funding for projects that that meet priorities set in their strategic plan including Animal Agriculture, Consumer Education, Emerging Markets, Production, and Technology. The board met earlier this month to make final projects selections.
“With the increase in soybean prices, we were pleased to have the opportunity to invest in additional projects that will maximize the return on checkoff investment for Delaware soybean growers,” said Delaware Soybean Board Chair Cory Atkins. “Our funding of these projects builds on marketing and educational activities to create a stronger soybean industry in the First State.”
Examples of funded projects include:
- Road Safety Education, Maryland Soybean Board
- 100 Years of Delmarva Chicken, Delmarva Chicken Association
- Creating the FY23 U.S. Soy Footprint in Brand-new Export Markets, WISHH Program at the American Soybean Association
- Technical Considerations for Biodiesel in Heating Oil: B20+, Clean Fuels Alliance America
- Regional Research Collaboration, Atlantic Soybean Council
A full list of funded projects is available upon request. Projects will be conducted during the current fiscal year, which began on October 1, 2022, and are funded by the soybean checkoff program. Administered by the Delaware Soybean Board (DSB), the checkoff is a 100% farmer-funded program to benefit First State soybean farmers.
Delaware farmers plant about 150,000 acres of soybeans annually, producing over seven million bushels of beans and generating approximately $60 million in value to the state. The Delaware Soybean Board consists of nine farmer-directors and the Secretary of Agriculture. Funded through a one-half of one percent assessment on the net market value of soybeans at their first point of sale, the checkoff works with partners in the value chain to identify and capture opportunities that increase farmer profit potential.
–Danielle Bauer Farace, Delaware Soybean Board