Wisconsin Soybean Marketing Board Opens Requests for Proposals

Apr 11, 2023

The Wisconsin Soybean Marketing Board (WSMB) is now accepting research requests for proposals (RFP) for fiscal year 2024. To submit a proposal, email the proposal cover sheet, full project proposal and a budget template to admin@wisoy.org no later than 5 p.m. CST on May 15, 2023.

The aim of this RFP is to generate both new vendor relationships and viable project/campaign opportunities. WSMB is seeking projects in the following core research areas:

Market expansion of commodity soybeans and soybean meal into both new and existing overseas markets;
Promotion of Wisconsin ports and other facilities available for exporting bulk soybeans;
Promotion of Wisconsin’s growing identity preserved soybean sector;
Promotion of Wisconsin’s biodiesel/renewable diesel use;
Market assessment of the current and potential use of soy-based products by state and federal fleets, cities and municipalities, private companies, fleets, consumer and farmers;
And assess and identify ways to expand soybean protein use in the animal feeds market.

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Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.