Michigan Soybean Promotion Committee
The Michigan Soybean Promotion Committee (MSPC) directs the soybean checkoff. The commodity checkoff was born of Public Act (P.A.) 232 in 1976. The national checkoff, directed by United Soybean Board, began in 1991. MSPC’s board of directors is made up of seven soybean farmers appointed by Michigan’s governor.
Each director is appointed for a three-year term and may serve three consecutive terms. The MSPC is financed through Michigan soybeans sold. When a grower sells soybeans, the first purchaser collects .005 (1/2 of one percent) of the value of the soybeans sold. The assessments are are then sent to MSPC, which sends half of the dollars collected to the United Soybean Board.
12:00am EST, January 1, 2021ADD TO CALENDAR
VenueMichigan Soybean Promotion Committee