USDA invests over $200 million to expand ag exports through market development programs
Funding has been awarded to more than 60 U.S. agricultural organizations, including those for almond, walnut, pistachio and pecan.
“In this unique public-private partnership, USDA and the American agricultural industry are working together to expand markets for high-quality, American-made farm and food products worldwide,” said FAS Administrator Daniel Whitley. “With industry matching funds, federal investments in these market development programs not only increase agricultural export revenue and volume, but also improve farm income and strengthen the U.S. economy.”
Under the MAP, FAS is providing $175.6 million in initial fiscal year 2023 funding to 67 nonprofit organizations and cooperatives. These organizations will use the funds to support U.S. producers with marketing and promotion activities around the globe, including market research, technical assistance, and support for participation in trade fairs and exhibits. The average MAP participant provides more than $2.50 in contributions for every $1 in federal funding it receives through the program.
“FAS works hard every day to expand international markets for U.S. farm and food products, to break down trade barriers, and to assist America’s farmers, ranchers, and producers with the resources they need to reach consumers around the world,” added Whitley. “U.S. agricultural exports reached a record-high $196.4 billion in fiscal year 2022, supporting an estimated 1.2 million jobs.”
Whitley attributed this export success to USDA’s MAP and FMD programs, which he said are instrumental in helping agricultural organizations, representing thousands of producers and businesses, open and grow markets for American products and expand global food and nutrition security.
In addition, a recent study, conducted by IHS Markit in cooperation with Gary Williams and Oral Capps at Texas A&M University, found that foreign market development investment through the MAP and FMD programs contributes $45 billion annually in economic output and $22.3 billion annually in gross domestic product, creating U.S. jobs and increasing farm cash receipts.
The FMD Funding Allocations – FY 2023 page contains a list of the FMD funding recipients for FY 2023. The Foreign Market Development Program (FMD) page contains more information about the FMD program.