The Indiana Soybean Alliance (ISA) is a statewide organization that serves Indiana soybean farmers.
ISA is recognized by the Secretary of the U.S. Department of Agriculture as a Qualified State Soybean Board (QSSB), as defined in the Soybean Promotion & Research Act (SPARC - soybean checkoff program), for the state of Indiana to manage the Indiana soybean checkoff program. The checkoff’s purpose is to fund research, promotion and educational programs that enhance soybean production and use and distribute industry information through the following program areas:
- Grain Marketing
- Production and Research
- Environmental Programs
- New Use Innovation
- Public Affairs
In addition, ISA has a Membership & Policy Committee. The purpose of the membership and policy committee is to represent soybean farmers on critical policy and regulatory issues affecting the soybean industry. Non-checkoff funds and membership dues are used to fund membership and policy programs. No soybean checkoff funds can be used to fund the membership and policy area.
The checkoff and policy organizations formed the Indiana Soybean Alliance after a historic merger between the Indiana Soybean Board (ISB) and the Indiana Soybean Growers Association (ISGA) in 2006.
The ISA Board of Directors is made up of 24 volunteer farmers who govern the organization's use of checkoff and non-checkoff funds and are elected on a state-wide basis.
How the Soybean Checkoff Works
Indiana soybean farmers contribute a portion of their sale proceeds to the checkoff program. Currently, soybean farmers invest 0.5 percent of the net market price for each bushel of soybeans sold. Half of these collected funds are retained and administered by the United Soybean Board (USB); the other half is distributed to Indiana Soybean Alliance, to be managed by the board of directors of the Indiana Soybean Alliance.
History of ISA
Since 1991, ISA has served the needs of soybean farmers across Indiana. Today, it values a long history, knowing that it is continuing its legacy of helping improve profitability for all famers.
ISA works with two national soybean organizations, United Soybean Board and American Soybean Association to meet demand, develop new uses for soy products, expand export markets and develop national policy.
The Indiana Soybean Alliance proactively works to improve the viability of Indiana soybean farmers and industry partners.
The Indiana Soybean Alliance will be a leading resource for Indiana agriculture.
Thanks to Hoosier Ag Today for creating this video in 2011.