Farms.com Home   Ag Industry News

Ag groups call for full program funding

Ag groups call for full program funding

The Market Access Program and Foreign Market Development Program help increase ag exports

By Diego Flammini
Staff Writer
Farms.com

Several U.S. ag organizations are urging members of Congress to fully fund two programs that help promote ag exports.

About 130 groups signed off on a letter to members of the House and Senate ag subcommittees asking them to set aside proper dollar amounts for the Market Access Program (MAP) and Foreign Market Development (FMD) Program.

The signees include the American Soybean Association, National Corn Growers Association, North American Meat Institute and the U.S. Dairy Export Council.

Together they call themselves the Coalition to Promote U.S. Agricultural Exports.

The coalition is asking the MAP program, which helps organizations share costs associated with overseas marketing and promotional activities, receive at least $200 million. For fiscal year 2021, the USDA allocated $175.6 million for MAP.

The FMD program, which helps create, expand and maintain long-term export markets for U.S. ag products, should receive at least $34.5 million. For the 2021 fiscal year, USDA set aside $24.8 million for FMD. USDA added an $8 million extension for the calendar year.

The U.S. ag sector needs this funding to help it compete on global trading markets.

“MAP/FMD funding is critical to help U.S. farmers, ranchers and food exporters keep pace (with trading partners) and to help us make up for lost time after two and half years of trade conflict and retaliatory tariffs,” the groups wrote in the March 9 letters.

Farms.com has contacted members of the coalition for comment on the importance of these programs receiving proper funding.


Trending Video

2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

Video: 2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

There were no big surprises in the USDA June report as it historically is not a market moving report, but U.S. HRW production was lowered by 18 million bushels. The June USDA crop report was neutral- higher global stocks & South American production offset lower U.S. wheat and higher U.S. corn exports.
Crude oil breaking lower technically on news of a peace deal with Iran.
Elon Musk is now a trillionaire with the debut of the SpaceX IPO today!
Markets pricing in a 2026 U.S. corn yield at 187 bpa with the worst start to June in 50+ years on non-threatening weather that remains a “wild card".
El Nino has arrived according to CPC.
U.S. wholesale Gulf urea prices plunged 81.3%.
The spreading of screwworm in the U.S. is BULLISH cattle long-term.
+ CFTC fund flow.