Last week, Ag Secretary Brooke Rollins and USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg announced a new three-point plan to support American agricultural producers and exporters.
The plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture. The first of three points is the America First Trade Promotion Program.
USDA will kickstart the trade promotion program in fiscal year 2026.
The second is a new model of trade missions that supplements the current model.
The third point is an effort to revitalize export finance opportunities by reducing financial risk to lenders with credit guarantees to encourage exports to buyers in countries that have sufficient financial strength to have foreign exchange available for scheduled payments.
“Advancing these programs as supplements to our existing programs ensures the health, prosperity, and security of rural America, and our farmers, ranchers, and producers,” Linberg said.
