BLOOMINGTON, Ill. — The Illinois Soybean Association Board of Directors recently approved its fiscal year 2020 budget. This includes checkoff-funded projects targeted at increasing farmer profitability and building customer demand across domestic and international food, feed and fuel markets.
“Illinois soybean farmers have had a tough year, with weather problems and trade wars weighing on our prices and our profitability,” said Doug Schroeder, newly elected ISA chairman and soybean producer from Mahomet.
“That’s why you will see our organization focused on market development through emerging trade and new uses opportunities, championing better rural infrastructure to bring more farmers online more consistently, advocating for transportation updates and efficiencies and continuing to make farmers more profitable through better production advice and research.”
Key checkoff efforts for FY20 include:
- Supporting programs such as ILSoyAdvisor and a profitability radio series that reaches farmers where they are and to talk about timely, cutting-edge production practices.
- Championing the use of higher biodiesel blends in Illinois and educating broader audiences about biodiesel advantages.
- Facilitating trade team visits and relationships to increase customer preference for Illinois soy.
- Exploring new markets for soybeans.
- Maximizing transportation, infrastructure and logistics advantages for Illinois soybean growers over road, river and rail.
- Advancing the HY+Q program to bring more awareness to the importance of soybean quality and improving soybean amino acid levels.
The Illinois Soybean Association is made up of the farmer-funded Illinois soybean checkoff program and the membership-funded Illinois Soybean Growers.
The ISA board has 24 farmer-leaders who serve on either the Marketing Committee or the Production and Outreach Committee. Each committee annually evaluates projects that have been proposed and then meets during the summer to make funding decisions.
The ISA checkoff and membership programs represent more than 43,000 soybean farmers in Illinois. The checkoff funds market development, soybean production and profitability research, issues analysis, communications and education.
Membership and advocacy efforts support Illinois soybean farmer interests in local areas, Springfield and Washington, D.C., through the Illinois Soybean Growers.
For more information, visit www.ilsoy.org.