USDA to open first year of new export promotion program with

USDA to open first year of new export promotion program with $300M

The Agriculture Department announced Wednesday it will dole out $300 million during the first year of its new $1.2 billion Regional Agricultural Promotion Program, or RAPP. The funding, which is designed to help ag groups, cooperatives, state agencies and others expand exports of U.S. farm goods, will be released in tranches and those who receive funding will have five years to use the money.

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