USDA Releases Market Access Program & Foreign Market Development Allocations

January 20, 2024

On Monday, USDA Foreign Agricultural Service (FAS) announced it would be awarding over $203 million through the Market Access Program (MAP) and the Foreign Market Development (FMD) program for fiscal year 2024. This funding will go to roughly 70 agricultural organizations to support agricultural export market expansion and development efforts. Of this total amount, FAS will provide $174.3 million to 68 nonprofit organizations and cooperatives through MAP and $27 million to 20 trade organizations through FMD.

US Rice Producers Association was awarded MAP funding for the 27th year in a row. This funding is crucial in allowing U.S. rice to maintain its market share in established markets, as well as opening new markets.

The funding allocations through MAP can be found here and through FMD can be found here.

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