A new study shows the effectiveness of USDA foreign market programs in boosting ag exports.

Chair of the Coalition to Promote Agricultural Exports Robbie Minnich tells Brownfield every dollar invested in the Market Access Program (MAP) and Foreign Market Development (FMD) program returns $24.50.

“These programs increase cash receipts by over $12 billion per year so they are working well,” he says.

Unfortunately, he says funding for the programs in the farm bill has not been increased in some time, causing the real dollar value to decrease.

…