Agricultural Export Programs Offer Excellent Returns, Deserve Continued Funding - Pecan South MagazinePecan South magazine | The pecan industry's leading publication, published monthly for pecan producers, processors and all others involved or interested in the pecan industry.

Agricultural Export Programs Offer Excellent Returns, Deserve Continued Funding

Catherine • May 18, 2022 • •

WASHINGTON, D.C. – The Coalition to Promote U.S. Agricultural Exports welcomes the results of a recent econometric study indicating that public-private U.S. agricultural export market development programs remain highly effective and generate a substantial return on investment.

In letters sent April 27, 2022, members of the Coalition and additional organizations asked U.S. House and Senate agricultural appropriations subcommittee leadership to maintain funding of at least $200 million for the Market Access Program (MAP) and $34.5 million for the Foreign Market Development (FMD) program in FY2023. Citing strong competition for growing global food demand, the organizations said “these modest investments, paired with full private-sector cost share, are invaluable as we race to reclaim global export markets shut off during the pandemic and diversify markets amid war and geopolitical unrest.”

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