FOR IMMEDIATE RELEASE:
The Delaware Soybean Board is pleased to announce funding of new promotions and communications projects for FY22. The board met last month to approve $88,010 in funding for projects that meet priorities set in their strategic plan including Animal Agriculture, Consumer Education, Emerging Markets, Production, Regulation, and Technology.
“The projects selected for funding by our farmer-leaders will create opportunities for Delaware growers to become more prosperous,” remarked Delaware Soybean Board Chair Cory Atkins. “Ultimately, these marketing and educational activities will result in a stronger soybean industry.”
Examples of funded projects include:
- Grain Bin Safety Week, Nationwide
- Road Safety Education, Maryland Soybean Board
- Trailblazing Brand-New Export Markets for U.S. Soy, WISHH Program at the American Soybean Association
- OEMs: Maintain and Secure Approvals for B20 and Higher Blends, National Biodiesel Board
A full list of funded projects is available upon request. Projects will be conducted during the upcoming fiscal year, beginning October 1 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 165,000 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.