A bipartisan bill, Cultivating Revitalization by Expanding American Agricultural Trade and Exports Act of 2022, introduced by Sens. Angus King, I-Maine, Joni Ernst, R-Iowa, Tina Smith, D-Minn., and Chuck Grassley, R-Iowa, would double funding for USDA’s Market Access Program and Foreign Market Development Program.
The bill would double mandatory annual funding of MAP to $400 million and FMD to $69 million. Both programs are critical to expanding global market access, according to agricultural groups and supporters.
A recent econometric study conducted by agricultural economists at…