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Agricultural News

National Assoc. of Wheat Growers Says CREAATE Act will Strengthen Trade Programs for Industry

Wed, 20 Sep 2017 12:46:10 CDT

Today, Senators Angus King (I-ME), Joni Ernst (R-IA), and Joe Donnelly (D-IN) introduced the "Cultivating Revitalization by Expanding American Trade and Exports (CREAATE) Act" which will increase the funding for the Foreign Market Development Program from $34.5 million to $69 million annually and the Market Access Program from $200 million to $400 million. On May 03, 2017, Congressmen Dan Newhouse (R-WA) and Chellie Pingree (D-ME) introduced the companion bill, CREAATE Act (HR 2321), in the House.


National Association of Wheat Growers CEO Chandler Goule made the following statement:


"With the United States exporting 50% of its wheat, a strong trade agenda is essential for growing and opening new markets for wheat growers abroad.


"The Market Access Program (MAP) and Foreign Market Development (FMD) program have proven to have excellent return on investment and increase the global demand for wheat while raising farm income here at home.


"These programs provide the U.S. agricultural community with the tools needed to retain its edge in an increasingly competitive global economy.


"NAWG commends Senators King, Ernst, and Donnelly for working across party lines to introduce the CREAATE Act which will help American farmers create, expand, and maintain access to foreign markets."



Source - National Association of Wheat Growers





   

 

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