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Allocations

Board Funding

The Arkansas Corn and Grain Sorghum Board has worked since its inception in 1997 to develop a viable research program divided between the two commodities based upon the percentage of the check-off collected from each.

The Board prides itself on being able to put virtually all of the producer invested funds back into projects that will benefit corn and grain sorghum producers in the state.  Only 1-percent or less of the funds are spent on Board expenses as Board members volunteer their time to serve on the Board, and Arkansas Farm Bureau members have agreed to provide staff to administration to the Board free of charge. 

The Board's target is to invest roughly 90% of funds into research, 10% into promotion, and less than 1% towards board expenses. 

 

 

 

2015 Statement of Allocations

2014 Statement of Allocations

2013 Statement of Allocations

2012 Statement of Allocations

2011 Statement of Allocations

2010 Statement of Allocations

 

 

 

Breakdown of 2015 Board Programs

 

Promotion Allocation

 

Grains Council

 $        56,000

National Corn Growers Association

 $        10,000

Arkansas Foundation for Agriculture

 $        20,000

Producer Conference

 $          8,000

County Meetings

 $          5,000

National County Agent Meeting

$       10,000
Focus on Corn

$         1,000

Ag-in-the-Classroom

$      15,000

Pulaski Culinary Institute

$      25,000

Promotion Total

 $       150,000

   

Research Allocation

 

Verification

$117,000

General Agronomics

$53,000

Insect and Diseases

$314,500

Aflatoxin Mitigation Center of Excellence

$75,000

Fertility

$138,000

Weed Control

$116,000

Irrigation

$100,000

Other Projects

$15,500

Research Total

$854,000

* - Apps, Feed Trials, Diabetic Food Products,  Discovery Farms

   

Board Expenses

 

Travel

$2,368.98

Meetings

$1,073.73

Other

$1,629.93

Board Expenses Total

$5,072.64

   

Carryover

$1,030,561.06

 

Futures

  Open Last
Wheat CBOT May '17 422'6 424'6
Corn CBOT May '17 360'4 359'0
Soybeans CBOT May '17 938'4 941'4
Rice CBOT May '17 10210 10240
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Feels Like 68°/54° 79°/45° 82°/57°
Humidity 34% 51% 55%
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Elevator bids

 
BRUCE OAKLEY COMPANY in NORTH LITTLE ROCK, AR
Commodity Delivery Cash Date
Corn Apr 3.55 Apr 6 17
Corn Oct 3.65 Apr 6 17
Soybeans Apr 9.25 Apr 6 17
Soybeans Oct 9.25 Apr 6 17
 
BUNGE in SHERRILL, AR
Commodity Delivery Cash Date
Corn Apr 3.49 Apr 6 17
Soybeans Oct 9.16 Apr 6 17
 
JBS LIVE PORK LLC in LONDON, AR
Commodity Delivery Cash Date
Corn Apr 4.06 Apr 6 17
 
FARMERS SUPPLY in AUBREY, AR
Commodity Delivery Cash Date
Corn Apr 3.59 Apr 6 17
Soybeans Oct 9.23 Apr 6 17
Wheat, SRW Jul 4.26 Apr 6 17
 
BRUCE OAKLEY COMPANY-PENDLETON in DUMAS, AR
Commodity Delivery Cash Date
Corn Apr 3.55 Apr 6 17
Corn Oct 3.65 Apr 6 17
Soybeans Apr 9.25 Apr 6 17
Soybeans Oct 9.25 Apr 6 17
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