Feds Release New Round of Trade Aid

The USDA announced Friday the administration has divvied up another $100 million in trade promotion funding to 48 groups. The announcement follows a $200 million round of export promotion aid that was announced in January, bringing the total awarded to $300 million.

The American Soybean Association has been the biggest beneficiary of this part of the trade aid package, having now been awarded more than of $34 million. The U.S. Meat Export Federation has received more than $27 million.

Other groups have scored about $20 million, including Food Export Association of the Midwest USA, Food Export USA Northeast, and the U.S. Grains Council.

Source: Politico