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USDA Pumping $2.5B in CCC Funding into Foreign Market Promotion, Food Aid

The Department of Agriculture has agreed to use Commodity Credit Corporation funds to spend nearly $1.4 billion on a program to help farm groups market their commodities overseas, and another $1.1 billion to pay for commodity-based international food aid, according to sources. The market promotion funding would establish a Regional Agricultural Trade Promotion program that would be similar to an effort launched by the Trump administration during the trade war with China.

Read more about USDA and CCC funds here