Programs to help U.S. farmers build markets overseas boosted agricultural exports by an average of $9.6 billion annually from 1977 to 2019, an annual lift of 13.7% in export revenues and returning $24.5 for every dollar invested.
Those are the key conclusions from a study commissioned by the U.S. Grains Council on behalf of members of the U.S. Agricultural Export Development Council (USAEDC) to evaluate USDA’s Market Access Program (MAP) and Foreign Market Development (FMD) program.
“We have known for quite some time…