Research Contributions from the Soybean Checkoff Programs

Soybean producers participate in a checkoff program to support research and market development activities. Checkoff funds are used for both yield-enhancing and cost-reducing production research. Using USDA cost-of-production data and a regional modeling framework with greater model pretest support t...

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Bibliographic Details
Main Authors: Hongil Lim, C. Richard Shumway, H. Alan Love
Format: Article
Language:English
Published: Western Agricultural Economics Association 2000-07-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/30836
Description
Summary:Soybean producers participate in a checkoff program to support research and market development activities. Checkoff funds are used for both yield-enhancing and cost-reducing production research. Using USDA cost-of-production data and a regional modeling framework with greater model pretest support than several alternatives, national marginal returns to producers are estimated to higher for checkoff-supported research than for publicly supported soybean research. They are also higher for checkoff cost reducing than for checkoff yield-enhancing research.
ISSN:1068-5502
2327-8285