Checkoff Collections

During the national checkoff’s nearly two decades of operation, soybean farmers have paid nearly $1.3 billion into the checkoff. At the higher price and acreage levels experienced recently, checkoff collections from soybean farmers in fiscal year 2008 are estimated to exceed $140 million -- three and half times the amount collected in 1992 when the national checkoff first began. Soybean farmers today are paying two to four times more to the checkoff fund than they have historically.

1992		$41,249,180
1993		$45,914,584
1994		$48,994,146
1995		$57,389,984
1996		$73,112,870
1997		$83,241,936
1998		$81,180,640
1999		$63,105,808
2000		$61,432,388
2001		$62,243,342
2002		$63,208,390
2003		$77,909,246
2004		$88,558,006
2005		$82,716,782
2006		$80,011,152
2007		$105,942,580
2008	estimated	$140,125,000
	Collections SUBTOTAL	$1,256,336.034
2009	estimated	$138,937,500