St. Louis, Missouri
December 10, 2008
The allegations made by the
American Soybean Association against the
United Soybean Board
(USB) regarding mismanagement of farmer checkoff dollars are
categorically untrue.
Today, U.S. soybean farmers enjoy record demand both here and
abroad for their soybeans, through the fiscally responsible
efforts of the farmers who serve voluntarily on USB. If the U.S.
Department of Agriculture (USDA) deems it necessary, USB
welcomes a USDA Office of Inspector General audit of any and all
of its operations, contractor operations and projects.
We would encourage all U.S. soybean farmers to learn more about
how USB and the soybean checkoff program operate by visiting
www.unitedsoybean.org, the only official website of USB and the
soybean checkoff program.
USB is made up of 68 farmer-directors who oversee the
investments of the soybean checkoff on behalf of all U.S.
soybean farmers. Checkoff funds are invested in the areas of
animal utilization, human utilization, industrial utilization,
industry relations, market access and supply. As stipulated in
the Soybean Promotion, Research and Consumer Information Act,
USDA’s Agricultural Marketing Service has oversight
responsibilities for USB and the soybean checkoff. |
|
