The U.S. Division of Agriculture’s Overseas Agricultural Service (FAS) is awarding $202.7 million to greater than 60 U.S. agricultural organizations to assist develop export markets for U.S. farm and meals merchandise by way of the Market Entry Program (MAP), and the Overseas Market Improvement (FMD).
“On this distinctive public-private partnership, USDA and the American agricultural trade are working collectively to develop markets for high-quality, American-made farm and meals merchandise worldwide,” mentioned FAS Administrator Daniel Whitley. “With trade matching funds, federal investments in these market improvement applications not solely improve agricultural export income and quantity, but in addition enhance farm revenue and strengthen the U.S. economic system.”
Beneath the MAP, FAS is offering $175.6 million in preliminary fiscal 12 months 2023 funding to 67 nonprofit organizations and cooperatives. These organizations will use the funds to help U.S. producers with advertising and marketing and promotion actions across the globe, together with market analysis, technical help, and help for participation in commerce gala’s and displays. The typical MAP participant offers greater than $2.50 in contributions for each $1 in federal funding it receives by way of this system.
By means of the FMD Program, FAS is allocating $27.1 million in preliminary fiscal 12 months 2023 funding to twenty commerce organizations that symbolize U.S. agricultural producers. This system focuses on generic promotion of U.S. commodities, slightly than shopper–oriented promotion of branded merchandise. Desire is given to organizations that symbolize a complete trade or are nationwide in membership and scope. The organizations, which contribute on common almost $2.50 for each $1 in federal funding they obtain by way of this system, will conduct actions that assist preserve or improve demand for U.S. agricultural commodities abroad.
“FAS works laborious each day to develop worldwide markets for U.S. farm and meals merchandise, to interrupt down commerce limitations, and to help America’s farmers, ranchers, and producers with the sources they should attain shoppers around the globe,” added Whitley. “U.S. agricultural exports reached a record-high $196.4 billion in fiscal 12 months 2022, supporting an estimated 1.2 million jobs.”
Recipients of 2023 embody:
- American Sheep Business Affiliation: $421,900
- American Soybean Affiliation: $6.3 million
- North American Renderers Affiliation: $816,090
- U.S. Grains Council: $7.90 million
- U.S. Dairy Export Council: $4.87 million
- U.S. Meat Export Federation: $12.48 million
- USA Poultry and Egg Export Council: $5.15 million
Whitley attributed this export success to USDA’s MAP and FMD applications, which he mentioned are instrumental in serving to agricultural organizations, representing hundreds of producers and companies, open and develop markets for American merchandise and develop world meals and vitamin safety.
As well as, a latest research, carried out by IHS Markit in cooperation with Dr. Gary Williams and Dr. Oral Capps at Texas A&M College, discovered that overseas market improvement funding by way of the MAP and FMD applications contributes $45 billion yearly in financial output and $22.3 billion yearly in gross home product, creating U.S. jobs and rising farm money receipts.
An inventory of fiscal 12 months 2023 MAP funding recipients is accessible on the FY 2023 MAP Funding Allocations web page.
