Meat & Livestock News

USDA Invests in Agricultural Exports, Boosting Meat and Poultry Industries

Some vegetables in a basket under sunlight

In a significant move to support American agriculture, the USDA’s Foreign Agricultural Service (FAS) has earmarked over $203 million for nearly 70 agricultural organisations. This funding, part of the Market Access Program (MAP) and Foreign Market Development (FMD) program, is set to enhance the global reach of U.S. food and agricultural products.

Among the beneficiaries, the U.S. Meat Export Federation (USMEF) stands out with an allocation of nearly $13 million in MAP funds for the 2024 fiscal year. In a similar vein, the U.S. Poultry and Egg Export Council (USAPEEC) is set to receive a substantial $5.6 million.

The support extends under the FMD program as well, with USMEF receiving an additional $988,659. A notable aspect of these programs is the leveraging effect of federal funding, where, on average, every dollar from the USDA is matched by over $2.50 from the recipients, amplifying the impact of this investment.