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Shining Light on Farm & Food Policy for 20 Years.
Friday, December 20, 2024
U.S. farm groups were quick to cheer Tuesday's announcement of a $1.3 billion investment in a new Regional Agricultural Promotion Program after waiting for weeks for the USDA to confirm its plans to fund a new program to help promote ag exports.
USDA’s plan to spend $1.4 billion to pay for a new export promotion program will provide the increase in market development funding that commodity groups have been trying to get through the farm bill, says Senate Agriculture Committee Chairwoman Debbie Stabenow, D-Mich.
Farm groups have grown accustomed over the last few years to having more money to work with for promoting their products overseas, but that abundance could come to an end quickly.