USDA’s Foreign Agricultural Service (FAS) this week announced the 2024 allocation of funding for the Market Access Program (MAP) and Foreign Market Development (FMD) program.
The allocation totals $203 million, which will be distributed to 68 organizations that promote trade. A majority of that funding – $174.2 million – will be allocated to the MAP program. About $27 million will be allocated to the FMD program.
The USA Poultry and Egg Export Council (USAPEEC) received $5,622,470 from MAP and $886,536 from FMD for trade promotion activities.
This allocation follows a $300 million first funding round announced by USDA in November. USDA has also allocated $1.2 billion to the Regional Agricultural Promotion Program, which is specifically designed to fund multiyear projects through USDA’s Commodity Credit Corporation (CCC) and are not funds destined for the annual MAP and FMD allocations.
“Over the years we have seen the tremendous impact both MAP and FMD have on expanding U.S. exports to markets across the globe,” FAS Administrator Daniel Whitley said. “These programs provide a significant boost to the U.S. agricultural industry, which in turn helps strengthen the economy not just in rural communities, but across the entire United States.”
MAP allocations can be found here and FMD allocations can be found here.
