ABSTRACT

Agricultural Export and Food Aid Programs [Updated January 23, 2006]   [open pdf - 89KB]

"The U.S. Department of Agriculture (USDA) forecasts that FY2006 agricultural exports will be $64.5 billion, up from FY2004's record $62.3 billion. FY2005 imports will be $61.5 billion, also a record high, leaving the United States with an agricultural trade surplus of $3 billion. USDA operates four kinds of international programs to promote agricultural exports or provide food aid, all authorized in the 2002 farm bill, the Farm Security and Rural Investment Act (FSRIA, P.L. 107-171), or in permanent legislation. These programs include direct export subsidies, export market development, export credit guarantees, and foreign food aid. Legislative authority for most of these programs now extends to the end of 2007. Export subsidies, but not other U.S. export and food aid programs, are subject to reduction commitments agreed to in multilateral trade negotiations."

Report Number:
CRS Issue Brief for Congress, IB98006
Author:
Publisher:
Date:
2006-01-23
Series:
Copyright:
Public Domain
Retrieved From:
U.S. Department of State: http://www.state.gov/
Format:
pdf
Media Type:
application/pdf
URL:
Help with citations