foreign market development program

Agriculture is one of the brightest spots in our economy, and the American brand of agriculture is surging in popularity worldwide. Trade and market access support good-paying jobs and drives economic growth. A strong rural economy is critical to the overall economic health of the United States.

The past five years represent the strongest in history for agricultural trade with U.S. agricultural product exports totaling $619 billion over five years. Agricultural exports in fiscal year 2013 alone reached $140.9 billion, the highest level on record, and supported nearly one million jobs here at home.

This week, President Obama released USDA’s fiscal year 2015 budget proposal, which supports our ongoing work to create jobs and opportunity in rural America.

The budget builds on the new opportunities available to us through the recently-passed 2014 Farm Bill to achieve reform and results for the American taxpayer; foster opportunity for the men and women living, working and raising families in rural America; and support innovation through strategic, future-focused investments.

My team at USDA has been hard at work identifying everything that will be required—regulations, guidance and other activities—to develop a plan to implement the new Farm Bill.

Over the course of 2013, we’ve seen yet another banner year for U.S. agricultural exports. Exports of U.S. farm and ranch products reached a record $140.9 billion in 2013 and supported about a million U.S. jobs. In fact, compared to the previous five-year period from 2004-2008, U.S. agricultural exports from 2009-2013 increased by a total of nearly $230 billion.

All told, the past five years represent the strongest five-year period in our nation’s history for agricultural exports.

The U.S. Department of Agriculture has focused on two key factors in recent years to help make this success possible. First, an unprecedented effort by USDA and our Federal partners to expand and grow markets around the world. Second, a commitment to make sure our farmers and ranchers have the tools to grow more, even in the face of uncertainty.

The U.S. soy industry, represented by the American Soybean Association, the U.S. Soybean Export Council, and the United Soybean Board, recently used USDA Market Access Program and Foreign Market Development Program funding to provide valuable technical training to the Chinese swine sector. The gradual shift of Chinese swine production from traditional backyard farming towards more commercial-scale production has increased consumption of commercial feed, particularly soybean meal.