Jul 22, 2019Potatoes USA receives additional $1.4 million in trade mitigation support
Potatoes USA (aka the National Potato Promotion Board) will receive an additional $1.4 million in trade support from the Department of Agriculture’s Agricultural Trade Promotion Program. These funds are on top of a previous $3.67 million provided in January, for a total of $5.13 million in 2019 thus far.
“We’re pleased that the administration has provided more mitigation to the potato industry and thereby recognizes our vulnerability to the ongoing trade disputes,” said Kam Quarles, the National Potato Council’s CEO. “NPC is strongly committed to seeing USMCA passed, so we can regain our momentum in key export markets.”
The mitigation funding announced today is part of an additional $16 billion that President Trump announced in May. Dan Moss of Idaho was in attendance at the White House when the initial announcement was made.
Secretary of Agriculture Sonny Perdue said: “At USDA we are always looking to expand existing markets or open new ones and this infusion of money will do just that. American farmers are so productive that we need to continue to expand our markets wherever we can to sell the bounty of the American harvest.”
The American Soybean Association ($12.75 million) and U.S. Meat Export Federation ($10 million) received the largest mitigation support in the latest round of announced funding.