The United Soybean Board used an investment to leverage more money for a soy-related research project at the University of Illinois at Chicago. The Soy Health Research Program, funded by the soybean checkoff, gave Dr. Maarten Bosland $10,000 as an incentive for a research project to be submitted to the National Institutes of Health. NIH approved $1.5 million in federal funding for the study.
The initial investment of soybean checkoff dollars as a way to leverage more funds adds up to $530,000 in checkoff investments resulting in $12.1 million from NIH.
"The beauty of the Soy Health Research Program is that it accomplishes one of the goals of the checkoff – funding research as a way to increase soy consumption – by leveraging federal funds so that farmers’ checkoff investments are maximized," says USB's Domestic Marketing Committee chair Chuck Myers.
The study will look into how soy can help prevent prostate cancers, the second-most-common cancer in the U.S.