Funding assisted U.S. agricultural industry to remain actively engaged and competitive overseas.
Market Access Program (MAP) and Foreign Market Development (FMD) funds are at risk of being cut with increased pressures to reduce federal budget deficits in the 112th Congress.
The USDA released fiscal year 2011 figures of MAP and FMD allowances for agriculture cooperators. MAP and FMD funds support U.S. producers’ and agribusiness efforts in the development, maintenance and expansion of U.S. coarse grains exports and are critical to sustaining strategic global market development programs for corn, sorghum, barley and their co-products.
While funding for these programs has historically received political support, significant challenges have been raised, calling into question the need for continued funding.
To read the entire article, link here.