Southern Crop

Southern Crop

4 Senators Introduce CREAATE Act to Expand Export Programs

The bill, the Cultivating Revitalization by Expanding American Agricultural Trade and Exports (CREAATE) Act, aims to revitalize the USDA’s export promotion programs, which generated a net return of $28.30 for every dollar invested between 1977 and 2014. The CREAATE Act would aid two of the USDA’s most successful programs, the Market Access Program (MAP) and Foreign Market Development Program (FMDP), by doubling their funding over five years. A companion bill was introduced in the House earlier this year.

 

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Southwest agriculture will suffer over Mexico border tax

According to the WalletHub report, Mexico is the third-largest trading partner of the U.S., with exports and imports combined totaling $583.6 billion in 2015, as well as sustaining about 1.1 million jobs in the previous year. Trade barriers would threaten those economic benefits. Read more

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