Soy Checkoff Reportto
American Soybean Association (ASA)Jim Stillman, Vice Chair
United Soybean Board (USB)
Global Vegetable Oil Stocks/Use Ratio
Source: John Baize & Associates
10.6%
9.7%
8.8% 8.7%
9.5%9.1%
8.1%8.6%
10.5%9.8%
8.7%8.1%
0%
2%
4%
6%
8%
10%
12%
2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12
Do you think that research on new uses funded by the Soybean Checkoff has helped to develop any new uses for soybeans?
Source: USB Winter 2012 Soybean Producer Attitudes Survey
ASA & USB Code of ConductMemorandum of Understanding
USB’ s New Long-Range Strategic Plan
USB Organizational Assessment & Changes
Next Steps for USB/Soy Checkoff
Soy Checkoff Report
CUSTOMER FOCUS
$22.5 million
FREEDOM TO
OPERATE
$12.6 million
OIL
$14.5 million
MEAL
$20.5 million
DOMESTIC OPPORTUNITIES
INTERNATIONAL OPPORTUNITIES
SUPPLY
COMMUNICATIONS
Action Teams
Target Areas ↓
New USB Structure &Initial FY13 Allocations
Project/Tactic Planning for FY 2013 collaborative approach projects, tactics approved by current committees, aligned
with Action Team categories• Meal, Oil, Freedom to Operate, Customer Focus
December 2012 Action Teams appointed projects/tactics transition to Action Teams
Transition to New USB Structure
Federal Farm Program Analysis
Trade Policy Analysis
Partner in Soy Transportation Coalition examine alternative funding mechanisms for maintenance, upgrades study on tax incentive for rail improvements
Freedom to Operate initial analysis of existing/future regulations, costs, options for future
Regional Exchange & Awareness Programs (REAP)
Co-sponsor Conservation Legacy Contest
International Soybean Growers Alliance
Commodity Classic, more
USB Support to ASA
USB Summer Meeting July 18-19 Williamsburg, Va.
Soy Industry CONNECTIONS December 4-5 St. Louis
USB Annual Meeting December 6-7 St. Louis
Beyond Spring/Summer/Fall Work
Jim Stillman, Vice ChairUnited Soybean BoardPhone: 712.852.4598Email: [email protected]
www.UnitedSoybean.org