March 1995

In This Issue:

Next Soybean Board meeting set March 30. If you need additional information, please call 501-228-1265.

Soy Connection reaches dieticians with nutrition news

Educating health professionals about the benefits of using soy food products to improve health and nutrition programs is one of the goals of the United Soybean Board.

The "Soy Connection" newsletter is a major part of the strategy. Mailed to more than 70,000 professional dieticians nationwide, the quarterly newsletter features information on the health benefits of soy products, new research - into soy and health, nutrition informa- tion and recipes.

An offshoot of the newsletter is USB's Soy Connection seminars. Held at 10 metropolitan locations across the country, these one-day seminars give dieticians the opportunity for one-on-one interaction with speakers who have the latest information on the benefits of soy products in the diet.

Good crowd shows up for soy research meeting

More than 150 people attended the Arkansas Soyean Research Conference at Jonesboro in December.

Sponsored by the Arkansas Soybean Promotion Board and the University of Arkansas, the conference is intended to provide a forum for transfer of the latest soybean production technology from UofA soybean research and extension personnel to soybean producers.

During the conference, Stanley Reed, left, of Marianna, current Arkansas Soybean Promotion Board chairman, presented a plaque of appreciation to Joe Kirksey, Mulberry, immediate past chairman.

Attending were Arkansas Soybean Promotion Board members Joe Kirksey, left, of Mulberry, Jack Jones, Pottsville, and Stanley Reed, Marianna.

State soybean yields set another record in continuing uptrend

According to the Arkansas Agricultural statistics Service, average soybean yields in Arkansas were at a record 34 bushels per acre in 1994. The yield is the send record during the past three years.

The previous record of 33 bushels per acre was set in 1992. According to the service, the 1994 record yield was harvested from 3,400,000 acres and resultred in a total production of 115,600,000 bushels. This was the largest soybean crop produced in Arkansas since 1979, when 144,200,000 bushels were harvested from 5,150,000 acres.

As indicated in the graph, annual soybean yields in Arkansas have been in a steady uptrend since 1980. Although numerous factors have contributed to the per-acre increase, one obvious reason is the results accruing to producers from their investment, through the checkoff program, in the University of Arkansas soybean research program. Improved management practices that have been developed with producer checkoff funds are just one of the many benefits producers are receiving from that investment.

USB keeping soybean meal Number One in livestock feed

When it comes to protein sources in livestock feed, soybean meal is far and away the number one choice of U.S. livestock producers. The United Soybean Board aims to keep it that way.

Currently, more than 26 million tons of soybean meal are consumed by livestock in the U.S. every year. That represents a 70 percent share of the total of U.S. market for high protein feed. As impressive as that statistic is, it's no reason to rest on your laurels, says David Winkles, a soybean farmer from Sumter, S.C., and chairman of USB's Domestic Marketing Committee.

"Because soybean meal is such an excellent part of feed rations, promoting it is an area that we haven't worked on to any great degree in the past," says Windles. "But competitive meals have started to compare themselves to soybean meal and to advertise more and more in livestock publications. When that happens, you knowit's time to take a closer look at what's going on."

Working on cooperative projects with producer organizations that promote meat (poultry, pork and beef) and fish consumption is one strategy being mulled over by Windkes' committee to keep soybean meal number one. "The idea of using checkoff money to help promote those products might sound far out to some soybean producers," says Winkles.

"But it makes sense taht one of the quickest and best ways to increase sales of soybean meal and farmer profitability is to increase the consumption of meat and fish products. The value-added idea is worth exploring."

Finanacial Report

Provided below is the latest financial report for the Arkansas Soybean Promotion Board and covers the period July 1, 1994, through March 3, 1995.

    Gross Collections                                        $2,332,624
                  Refunds Escrowed                              233,266
                  Refunds Paid                                   29,277
                  Transfers to other QSSB's                      59,636
                  United Soybean Board                        1,048,277
                  Revenue and treasury                           62,102
                                 Total Income                  $900,066
   Beginning Fund Balance                                       191,504
   Beginning Escrow Fund Balance                                 39,040
                                 Total Available Revenue     $1,091,071
    Market Promotion                                              2,123
    Research (Advance on  95-'96 Commitment)                    975,000
    Producer Communication                                       16,000
    Administration                                                8,994
                                 Total Expenditures          $1,002,117
Accumulated Revenue: 
    Available Revenue                                           $88,954

Arkansas Soybean Promotion Board Members - 1994-95

Next Soybean Board Meeting Set March 30

The next meeting of the Arkansas Soybean Promotion Board will be on March 30, 1995. The meeting will begin at 10 a.m. at the Farm Bureau Center in Little Rock. The primary order of business for the meeting will be to consider funding proposals from the University of Arkansas for soybean research to be conducted during 1995-96. All meetings of the board are open to the public. If you need additional information, please call 228-1265.

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