USDA awards 2011 export funds to trade groups

May 12, 2011 at 7:00 am

The U.S. Department of Agriculture’s Foreign Agricultural Service on Friday awarded fiscal year 2011 funding to about 70 U.S. agricultural groups to help expand commercial export markets for their goods.
   “We are pleased to announce that through the Foreign Market Development Program (FMD) and the Market Access Program (MAP), we are able to award approximately $226 million to help dozens of U.S. agricultural organizations and businesses increase export opportunities,” said U.S. Agriculture Secretary Tom Vilsack, in a statement.
   Under FMD, the Foreign Agricultural Service will allocate $31.7 million to 22 trade groups that represent U.S. agricultural producers. The groups, which must contribute a minimum 50 percent cost share, will conduct activities that help maintain or increase demand for U.S. agricultural commodities overseas.  Read more.

American Shipper, 5/2/2011


Entry filed under: Trade, USDA.

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