1960s

Soybean stocks became burdensome as production exceeded usage. High dependency on government and private industry for research and market development funding led farmers to initiate farmer-funded checkoff programs.

1964: States began forming soybean associations affiliated with ASA to involve more farmers. ASA began funding research to find new uses for soybeans and reduce production costs.

1968: States affiliated with ASA resolved to initiate work on state-by-state passage of legislation to enable first point of sale deduction of one-half to one cent per bushel. Farmer elected boards of soybean farmers would control funds for market development and research.