Ted McKinney to Lead Foreign Ag Service in Trade Promotion Program, Part of Farm Aid PackageMon, 27 Aug 2018 15:57:29 CDT
Today, U.S. Secretary of Agriculture Sonny Perdue was joined by Undersecretary Ted McKinney during an off-camera briefing to announce USDA’s specific plans to assist farmers in response to trade damage from unjustified retaliation by foreign nations. Perdue announced that McKinney, who oversees the USDA’s Foreign Agricultural Service, would assist farmers through its Agricultural Trade Promotion Program (ATP), with $200 million budgeted to develop foreign markets for U.S. agricultural products. The program will help U.S. agricultural exporters identify and access new markets and help mitigate the adverse effects of other countries’ restrictions.
The FAS will administer the ATP under authorities of the Commodity Credit Corporation (CCC). The ATP will provide cost-share assistance to eligible U.S. organizations for activities such as consumer advertising, public relations, point-of-sale demonstrations, participation in trade fairs and exhibits, market research, and technical assistance. Applications for the ATP will be accepted until November 2, 2018 or until funding is exhausted. Funding should be allocated to eligible participants in early 2019. The ATP is meant to help all sectors of U.S. agriculture, including fish and forest product producers, mainly through partnerships with non-profit national and regional organizations.
Listen to Undersecretary McKinney discuss the process under which this program will operate as part of the Farm Aid Package, by clicking or tapping the LISTEN BAR below. More information on this program can be found by visiting www.farmers.gov.
Source - USDA
WebReadyTM Powered by WireReady® NSI
Top Agricultural News