Nebraska Soybean Board

What Nebraska Soybean Board does

The Nebraska Soybean Board (NSB) is a farmer-governed state checkoff organization headquartered at 4625 Innovation Drive, Lincoln, Nebraska, established in 1995 to administer the soybean checkoff program within the state. It operates under federal authority from the Soybean Promotion, Research, and Consumer Information Act (SPARC) of 1990, collecting one-half of one percent of the price per bushel at the point of first sale from Nebraska soybean producers, with collections split evenly between NSB and the United Soybean Board (USB). Nine volunteer farmer-directors from districts across Nebraska set priorities and allocate funds across production research, domestic and international market development, new uses, consumer education, and farmer-facing programs. A six-person professional staff executes day-to-day operations, while UNL, USSEC, USMEF, Clean Fuels Alliance America, Nebraska Rural Radio Association, Nebraska Corn Board, and other partners co-deliver programming.

NSB's portfolio spans producer tools (SoyWater irrigation optimizer, Agricultural Budget Calculator, Soybean & Corn Pocket Field Guide), educational programs (Soybeans A-Z reaching 15,000+ fourth-graders annually, Ag Sack Lunch Program reaching 20,000+ students, Soybean Science Institute for teachers), leadership development (See for Yourself with 6 participants per cohort), market development partnerships, and consumer outreach (Ask a Farmer video series, CommonGround Nebraska). Operational channels include Checkoff Pro (an online remittance platform launched April 2026), the On-Farm Biodiesel Credit Program ($0.25-$0.50/gallon up to $500/farm), and a multi-format media presence (SoybeaNebraska quarterly magazine, Weekly Radio Report, Grain IQ Podcast, Weekly Market Roundup).

NSB's revenue model is built entirely on the mandatory 0.5% checkoff assessment. With Nebraska producing 301 million bushels in 2024 (ranking 5th nationally) and more than 50% of the crop exported, the implied NSB share of checkoff collections falls in the low-to-mid single-digit millions annually, fluctuating with soybean prices and harvest volumes. Programs such as SoyFoam TF 1122 commercialization support, AGP biodiesel value-chain development, and international trade missions illustrate NSB's strategy of reinvesting checkoff dollars to expand demand for Nebraska soybeans across food, feed, fuel, and industrial applications.

Name

Nebraska Soybean Board

Legal name

Nebraska Soybean Board

Website

https://nebraskasoybeans.org

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

The Nebraska Soybean Board is a farmer-governed state checkoff organization that administers the soybean checkoff program in Nebraska, funding production research, market development, consumer education, and farmer support programs for the state's soybean producers and broader value chain.

Ownership category

akta.pro rank

Product category

Agricultural Commodity Checkoff Programs

NAICS

Soybean Farming (11111), Support Activities for Crop Production (11511), Regulation of Agricultural Marketing and Commodities (926140), Educational Support Services (61171)

SIC

Agricultural Production-Crops (100), Agricultural Services (700)

akta.pro primary industry

Soybean Farming (AFAGABAA)

akta.pro secondary industry

Supply Chain, Marketing & Contracting Advisory (Grain/Livestock Marketing) (AFACAJAH)

Keywords

• Soybean checkoff programs
• Agricultural research funding
• Commodity market development
• Producer education services
• Soybean promotion programs

Headquarters

HQ city

Lincoln

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel, Technology or R&D, Others

Revenue model

1. Soybean Checkoff Assessment: Nebraska soybean farmers contribute one-half of 1 percent (.005) of the price of each bushel at the point of first sale through a federally mandated checkoff assessment (authorized by the Soybean Promotion, Research, and Consumer Information Act of 1990). Funds are split evenly between the Nebraska Soybean Board (NSB) and the United Soybean Board (USB). The NSB uses these funds for research, education, domestic and foreign market development, and new uses for soybeans.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels15 records

Core offering

The Nebraska Soybean Board is a state-level farmer-led checkoff organization that collects and invests soybean checkoff assessments in research, education, market development, and promotion programs intended to improve soybean production, expand demand, and increase farmer profitability in Nebraska and beyond. The Board's core deliverable is the administration and funding of these programs — not the sale of physical soybeans — through partnerships with universities, industry associations, and international market-development organizations.

Product overview

The Nebraska Soybean Board operates not as a traditional product company but as an agricultural marketing organization offering a portfolio of farmer-focused programs and tools. Key offerings include the On-Farm Biodiesel Credit Program (incentive payments for biodiesel use), Checkoff Pro (an online platform for soybean checkoff reporting), SoyWater (irrigation optimization tool), and the Agricultural Budget Calculator. Educational initiatives include Soybeans A to Z (classroom program), Ag Sack Lunch Program, and the See for Yourself leadership program. The Board also produces SoybeaNebraska Magazine (quarterly publication), the Weekly Market Roundup (radio program), and Grain IQ Podcast. The organization supports innovative products like SoyFoam™ TF 1122 (PFAS-free firefighting foam) developed through soybean checkoff investments. These programs work together to support Nebraska soybean farmers through research funding, market development, education, and financial incentives.

Differentiator

Problem solved

Functional benefit

Products and services

• Soybean checkoff-funded agronomic research program Funds and administers agronomic research projects — including variety evaluation, disease and pest management, soil and water management, and yield improvement — delivered through partnerships with research institutions on behalf of Nebraska soybean farmers.
• Producer and consumer education programs Delivers educational content, on-farm demonstrations, and consumer outreach that helps Nebraska soybean farmers adopt best practices and builds public awareness of soybeans and soy products.
• Domestic and international market development program Invests in and coordinates promotion and market development activities that expand demand for U.S. soybeans and soy products in domestic and export markets, in partnership with processors, exporters, and industry associations.

Quantifiable outcome

• $12.30 in added value per dollar invested in soy checkoff (2024 USDA-required ROI study)
• +6 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered flagship, core and minor.

• Ag Processing Inc (AGP)flagshipStrategic or Co-development Partner · 10 July 2026AGP is a leading soybean processor and biodiesel producer owned by cooperatives representing farmer-producers. AGP opened its 11th soybean processing plant in David City, Nebraska in 2025, capable of processing 50+ million bushels annually. In July 2026, AGP achieved the first-ever U.S. unit train shipment of soybean oil from this facility, a milestone supported by NSB checkoff investments. AGP celebrates 30 years of biodiesel production in 2026.
• Cross Plains SolutionscoreStrategic or Co-development Partner · 1 May 2025Developer of SoyFoam TF 1122, the first and only firefighting foam to earn GreenScreen Certified Gold. NSB partnered with Cross Plains Solutions to host Soyfoam Farm to Fire demonstrations at Nebraska fire departments. SoyFoam is PFAS-free, certified biodegradable (OECD), and certified 84% biobased (USDA BioPreferred).
• United Soybean Board (USB)flagshipStrategic or Co-development Partner · 1 January 1990USB directs national soy checkoff efforts, while NSB directs Nebraska's share. Checkoff funds are split evenly between NSB and USB. USB approves a $121.3 million FY2026 budget for national demand and resilience programs. USB conducts the required 5-year ROI study (showing $12.30 per dollar invested).
• U.S. Soybean Export Council (USSEC)coreStrategic or Co-development PartnerUSSEC differentiates and promotes U.S. Soy globally. NSB directors participate in trade missions organized by USSEC, including trips to the Philippines and Pacific Northwest. USSEC organizes Soy Connext (Global U.S. Soy Summit) where buyers, sellers, and growers connect.
• University of Nebraska-Lincoln (UNL)coreStrategic or Co-development PartnerUNL researchers conduct NSB-funded soybean research. Programs include the Nebraska On-Farm Research Network, Soybean Science Institute (teacher professional development), CropWatch extension service, and SoyWater irrigation tool. UNL's ENREEC (Eastern Nebraska Research, Extension and Education Center) hosts research plots and SSI sessions.
• Nebraska Corn BoardcoreChannel Partner/ Reseller/ DistributorThe Nebraska Corn Board co-funds programs with NSB, including the Nebraska On-Farm Research Network and the Grain Bin Rescue Equipment and Training initiative (with Nationwide and NECAS). Both boards jointly support checkoff projects and farmer safety programs.
• Nebraska Pork Producers Association (NPPA)minorChannel Partner/ Reseller/ DistributorNSB and NPPA co-developed the AG Sack Lunch Program in 2010 to educate 4th-graders about Nebraska agriculture. Both organizations contribute funding and Ag Ambassadors to the program.
• Nebraska Rural Radio AssociationcoreChannel Partner/ Reseller/ DistributorNebraska Rural Radio Association produces the Grain IQ Podcast and Weekly Market Roundup radio program in cooperation and with support from NSB. These programs reach farmers via KRVN, KTIC, KAWL, KTMX, KAMI, and KNEB radio stations.
• CommonGround (National)minorChannel Partner/ Reseller/ DistributorCommonGround Nebraska is the state-level arm of a national grassroots program connecting farm women with consumers. NSB runs the Nebraska chapter as part of this national initiative, which includes volunteer farm women sharing food production information.
• Clean Fuels Alliance AmericacoreStrategic or Co-development PartnerNSB invests in Clean Fuels Alliance America, which represents the biodiesel and renewable diesel industry. NSB directors (e.g., Greg Anderson) participate in Clean Fuels conferences. A 2024 GlobalData study (funded by NSB and Clean Fuels) found clean fuels supported $42.4B in U.S. economic activity and 107,400 jobs.
• U.S. Meat Export Federation (USMEF)coreStrategic or Co-development PartnerUSMEF promotes U.S. meat exports. A 2025 study by The Juday Group for USMEF found pork exports accounted for 100.7 million bushels of U.S. soybean usage. Nebraska's share was just under 7 million bushels, benefiting Nebraska soybean growers by $77.25 million. NSB Chairman Mark Caspers attended the USMEF spring conference.
• Nationwide (insurance)minorOthersNationwide partners with NSB, Nebraska Corn Board, and NECAS for the Grain Bin Rescue Equipment and Training program, donating grain rescue tubes and training to rural Nebraska fire departments.

Scale indicators17 records

Recent moves5 records

Expansion highlights5 records

Others

• Ag Processing Inc (AGP): Farmer-owned cooperative and key NSB partner that opened a 50M+ bushel soybean processing plant in David City, NE in 2025. A flagship industrial partner/customer of Nebraska soybeans rather than a direct peer, but a structural comparable for understanding downstream soy value chain economics.
• U.S. Soybean Export Council: International marketing arm for U.S. soy. NSB participates in USSEC trade missions and Soy Connext summit; a key implementing partner rather than a competitor, but a relevant structural peer for international market development programming.
• Clean Fuels Alliance America: U.S. biodiesel/renewable diesel industry association that NSB invests in and works with on demand-side soy oil programming. Relevant peer for understanding the demand-pull leg of NSB's biodiesel strategy.
• American Soybean Association: National soybean policy and advocacy organization (distinct from USB). Sister organization serving complementary — not checkoff — functions; useful peer for understanding the broader U.S. soybean ecosystem.

Direct peers

• Iowa Soybean Association: Iowa's state-level soybean checkoff/promotion organization. Same farmer-led governance model, same checkoff funding mechanism, same research-and-promotion mandate — the most directly analogous state-level peer.
• Minnesota Soybean Research & Promotion Council: Minnesota's qualified state soybean board. Directly comparable in structure, funding model, and programming mix; Northern-tier peer with overlapping agronomic and export-market focus.
• Indiana Soybean Alliance: Indiana state soybean checkoff organization. Identical mandate under the SPARC Act, same checkoff assessment structure, comparable farmer-led governance and research/market-development programming.
• Illinois Soybean Association: Illinois state soybean checkoff board. Same federal SPARC Act framework, same research/market development/education portfolio. Illinois is the #1 U.S. soybean producer, making this a critical comparable peer.
• Nebraska Corn Board: Nebraska's parallel state checkoff board for corn. Identical state-level checkoff structure under federal mandate, co-funds programs with NSB (On-Farm Research Network, Grain Bin Rescue), and shares overlapping farmer base and policy interests.

Broad incumbents

• United Soybean Board: The national soybean checkoff board that receives half of NSB's assessment pool ($121.3M FY2026 budget). Same federal mandate, same farmer-led governance, broader national scope — directly comparable as a peer organization to NSB.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/nebraska-soybean-board

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nebraska Soybean Board