The Nebraska Wheat Board (NWB) was formed in 1955 after the Nebraska Wheat Resources Act was passed. All NWB policies are established by a seven-member board of directors. The board of directors is composed of wheat producers from Nebraska who are appointed by the Governor. In addition to the board, an executive director and a public information officer serve as full-time employees, with a three-quarter staff assistant.
Each bushel of wheat marketed in the state is assessed an excise tax of four-tenths of one percent (0.4%) of net value at the point of first sale. These monies are deposited into the State Treasury and are used by NWB to advance Nebraska’s wheat industry.
To ensure that funds are being spent in the best way, the board of directors oversees all expenditures. Funding proposals in each area are submitted on an annual basis, regardless of whether the research project or organization was funded the year before. The board completes two readings of the proposals and determines which will receive funds during the annual budget meeting held in June.