RESEARCH CONTRIBUTIONS FROM THE SOYBEAN CHECKOFF PROGRAMS

Soybean producers participate in a checkoff program to support research and market development activities. Checkoff funds are used for both yield-enhancing and cost-reducing production research. Using USDA cost-of-production data and a regional modeling framework with greater model pretest support t...

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Bibliographic Details
Published inJournal of Agricultural and Resource Economics Vol. 25; no. 1
Main Authors Lim, Hongil, Love, H. Alan, Shumway, C. Richard
Format Journal Article
LanguageEnglish
Published Western Agricultural Economics Association 2000
SeriesJournal of Agricultural and Resource Economics
Subjects
Agricultural and Food Policy
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Summary:Soybean producers participate in a checkoff program to support research and market development activities. Checkoff funds are used for both yield-enhancing and cost-reducing production research. Using USDA cost-of-production data and a regional modeling framework with greater model pretest support than several alternatives, national marginal returns to producers are estimated to higher for checkoff-supported research than for publicly supported soybean research. They are also higher for checkoff cost reducing than for checkoff yield-enhancing research.