USDA announced FY 2006 allocations for the Foreign Market Development program. The $34.5-billion program focuses on reducing market impediments, improving the processing capabilities of importers, modifying restrictive regulatory codes and standards in foreign markets, and identifying new markets or uses for U.S. products. The program was established in 1954.
Cooperators receiving funding include: American Seed Trade Association, American Sheep Industry, American Soybean Association, Cotton Council International, U.S. Dairy Export Council, U.S. Grains Council, U.S. Meat Export Federation, U.S. Wheat Associates, USA Poultry and Egg Export Council, and USA Rice Federation.
-- P. Scott Shearer, Washington, D.C., correspondent