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Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair United Soybean Board (USB). Global Vegetable Oil Stocks/Use Ratio. Source: John Baize & Associates.

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Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

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  1. Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair United Soybean Board (USB)

  2. Global Vegetable Oil Stocks/Use Ratio Source: John Baize & Associates

  3. 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

  4. Soy Checkoff Report

  5. New USB Structure & Initial FY13 Allocations Action Teams MEAL $20.5 million OIL $14.5 million FREEDOM TO OPERATE $12.6 million CUSTOMER FOCUS $22.5 million Target Areas ↓ DOMESTIC OPPORTUNITIES INTERNATIONAL OPPORTUNITIES SUPPLY COMMUNICATIONS

  6. Transition to New USB Structure • 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

  7. USB Support to ASA • 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

  8. Beyond Spring/Summer/Fall Work

  9. Jim Stillman, Vice Chair United Soybean Board Phone: 712.852.4598 Email: still1@ncn.net www.UnitedSoybean.org

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