Washington, D.C. (September 23, 2022)—“America’s farmer co-ops would like to thank Senators Angus King (I-Me.), Joni Ernst (R-Iowa) and Tina Smith (D-Minn.) for introducing the Expanding American Agricultural Trade and Exports (CREAATE) Act today. The bill would institute a long-needed increase in funding for the Market Access Program (MAP) and Foreign Market Development (FMD) Program, which help America’s farmers, ranchers, growers expand markets overseas for this country’s agricultural bounty. This is especially vital as foreign competitors continue to spend substantially more on market development and promotion of their food and ag exports than the U.S. does.”
Since 1929, NCFC has been the voice of America’s farmer cooperatives. Our members are regional and national farmer cooperatives, which are in turn composed of nearly 2,000 local farmer cooperatives across the country. NCFC members also include 26 state and regional councils of cooperatives. Farmer cooperatives allow individual farmers the ability to own and lead organizations that are essential for continued competitiveness in both the domestic and international markets.
America’s farmer-owned cooperatives provide a comprehensive array of services for their members. These diverse organizations handle, process and market virtually every type of agricultural commodity. They also provide farmers with access to infrastructure necessary to manufacture, distribute and sell a variety of farm inputs. Additionally, they provide credit and related financial services, including export financing.