ICGA THANKS USDA FOR BOOST TO INTERNATIONAL TRADE
The IL Corn Growers Association (ICGA) commends the U.S. Department of Agriculture and Secretary Tom Vilsack for releasing $1.3 billion in Commodity Credit Corporation funds (CCC) to support trade for commodity and specialty crops.
The funds will be part of the Regional Agriculture Promotion Program (RAPP) and aim to increase trade promotion and develop export markets in Asia and Africa.
“One of ICGA’s number one priorities is trade and increasing export markets,” ICGA President Matt Rush said. “Although it is still of utmost importance to see investments in the farm bill for Market Access Program and Foreign Market Development, we are thankful for the Secretary’s work in creating more market opportunities.”
USDA reports for every dollar invested in growing export market development, exports are increased by $24.50.
“To remain competitive globally, American farmers need our policymakers to make the necessary investments that will help ensure a strong global market for our crops,” said National Corn Growers Association President Harold Wolle. “We are deeply appreciative of Secretary Vilsack as well as Sens. Stabenow and Boozman for making this funding a reality.”