Washington - U.S. Senator Debbie Stabenow (D-MI), Chairwoman of the Senate Committee on Agriculture, Nutrition, and Forestry, has praised the U.S. Department of Agriculture's (USDA) new Regional Agriculture Promotion Program (RAPP) for providing $300 million in its first year to support trade promotion for American farmers and businesses. The funding is part of a $1.2 billion investment in trade promotion through the Commodity Credit Corporation (CCC), as requested by Stabenow and Ranking Member John Boozman (R-AR). This investment builds upon existing USDA trade promotion programs that continue to support existing activities and markets.
"I am glad to see that USDA is following through on its commitment to invest in strengthening trade opportunities, increase revenue streams, and help American farmers thrive in a global economy," said Chairwoman Stabenow. "Farmers have been clear that this is one of their top priorities. Today's announcement will develop new markets for American agriculture and put American-grown food on tables around the world. I look forward to continuing to work with the Administration and farmers on this exciting new program that will effectively double trade promotion investments."
The USDA had previously announced in October that it will utilize its authorities under the CCC to provide $2.3 billion to invest in trade promotion and in-kind international food assistance, both of which support American farmers and producers.
The Regional Agriculture Promotion Program aims to enhance trade opportunities for American farmers and businesses, allowing them to compete in the global market and increase their revenue streams. By investing in trade promotion, the USDA is supporting the growth of the agricultural sector and ensuring that American-grown food reaches international consumers. This program is a testament to the USDA's commitment to the success of American farmers and the importance of trade in the global economy.
Chairwoman Stabenow's efforts in securing funding for the RAPP demonstrate her dedication to supporting the agricultural industry and the livelihoods of farmers across the country. With the additional $300 million in funding, this program will have a significant impact on expanding market access for American agriculture and strengthening the competitiveness of American farmers.
The Regional Agriculture Promotion Program is a crucial step towards achieving a more robust and sustainable agricultural sector in the United States. It will enable American farmers to tap into new markets, diversify their customer base, and increase their profitability. By investing in trade promotion, the USDA is ensuring that American agriculture remains at the forefront of the global marketplace.
The positive response to the RAPP and the USDA's commitment to trade promotion highlight the importance of international trade for the U.S. agricultural sector. As Chairwoman Stabenow stated, "this program will effectively double trade promotion investments." This increased investment will not only benefit American farmers but also contribute to economic growth and job creation in rural communities across the country.
Chairwoman Stabenow's partnership with the Administration and her ongoing work with farmers demonstrate her commitment to fostering an environment that supports the success of American agriculture. The Regional Agriculture Promotion Program is just one example of the efforts being made to ensure that American farmers have the tools and resources they need to thrive in a global economy. With continued support and investment in trade promotion, American agriculture will continue to grow and prosper on the global stage.
For additional details, please follow this link: https://www.agriculture.senate.gov/newsroom/dem/press/release/chairwoman-stabenow-applauds-first-round-of-new-trade-promotion-funding
