Study Shows Foreign Competitors Increase Investment In Developing Ag Exports While U.S. Lags Behind
The latest analysis of foreign export promotion program investment shows that several competing countries and the European Union spent close to $1 billion in public funds on agricultural export promotion in 2016, outspending the United States 4 to 1. That is an increase of 70 percent in real competitive public spending since 2011. U.S. public funding for the two largest agricultural export promotion programs is about $235 million per year and its real value has declined by 12 percent since 20111. The conclusions echo results of three similar competitive studies since 2013. Read more. (PDF download.)
Economic Impact of Future Funding Scenarios on USDA MAP & FMD Programs, Informa Economics, IEG, November 2016.
An econometric analysis to measure the effects of two scenarios of increased funding for MAP and FMD programs on export revenue, the farm economy and macro economy. Future Funding Cost Benefit Analysis Report (PDF Download).
An Analysis of EU and Other Selected Foreign Export Promotion Programs” Informa Economics, IEG, October 2017
U.S. agricultural product exports (including fish and forestry products) are facing increased competition in overseas markets. This study provides an assessment of this export competition. It also provides U.S. agricultural cooperators and FAS with a greater understanding of the export market promotion programs these countries use and insights on ways to improve the competitiveness of U.S. programs. An Analysis of EU and Other Selected Foreign Export Promotion Programs - Executive Summary - October 2017 (PDF Download)
Coalition to Promote U.S. Agricultural Exports Calls for Increased MAP and FMD Funding
WASHINGTON, D.C. (September 26, 2017) More than 120 members of the Coalition to Promote U.S. Agricultural Exports are urging leaders of the House Committee on Agriculture to increase funding for USDA export programs in the new farm bill to generate additional demand for U.S. farm products in an increasingly competitive global market. Read more.
Statement by Agricultural Export Coalitions in Support of the Cultivating Revitalization by Expanding American Agricultural Trade and Exports (CREAATE) Act in the U.S. Senate
WASHINGTON, D.C. (September 20, 2017) – Members of the Coalition to Promote U.S. Agricultural Exports and the Agribusiness Coalition for Foreign Market Development welcome and strongly support passage of S. 1839, the Cultivating Revitalization by Expanding American Agricultural Trade and Exports (CREAATE) Act, introduced Tuesday by Sen. Angus King (I-ME), Sen. Joni Ernst (R-IA), Sen. Joe Donnelly (D-IN), and Sen. Susan Collins (R-ME). Download the complete statement.
Study Shows USDA Export Promotion Programs Boost U.S. Farm Export Value by 15%, Create Thousands of Jobs.
Agricultural export market development programs funded through the Farm Bill have contributed an average of $8.2 billion per year, a total of more than $309 billion, to farm export revenue between 1977 and 2014 according to a new study conducted by noted land grant university economists.
Do export promotion and related market development programs successfully achieve their objectives? Are they cost effective and a profitable investment of public funds (Kaiser et al., 2005)? This article highlights recent research that assesses how the United States economy is affected by private- and taxpayer-funded promotion activities. Download the article.
The purpose of this study is to measure the economic impact of USDA’s Foreign Market Development Program (FMD) and Market Access Program (MAP), and industry market promotion contributions (referred to in this report jointly as the USDA Export Market Development Programs) on U.S. agricultural exports and the broader effects on the farm economy and the overall macro economy. Download the report.
This study evaluates the impacts of the United States Department of Agriculture (USDA)’s Market Access Program (MAP) and Foreign Market Development (FMD) program using guidelines contained in the Office of Management and Budget (OMB). Download the report.
A new study shows USDA market development programs significantly increase export revenue, farm profits and job growth. Download the infographic.