Checkoff Did You Know
When the soy checkoff was created and approved by U.S. soybean farmers in 1991, there was an oversupply of soybean oil, driving prices down. Checkoff leaders began funding research to find new ways to use soybean oil, including in industrial applications. One of those efforts was plastic polyols made with soybean oil, replacing petroleum as a key ingredient. The checkoff remained involved, eventually connecting researchers with end users. Today, the technology funded by the checkoff can be found in countless products, including Ford vehicles, John Deere tractors and Goodyear tires.