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U.S. farm groups have been waiting for weeks for the USDA to confirm its plans to fund a new program to help promote ag exports and they reacted immediately to the Tuesday announcement confirming the $1.3 billion Regional Agricultural Promotion Program, or RAPP.
Vilsack says $2.3 billion will support international trade and food aid efforts.
USDA is providing $2.3bn to help US agricultural producers to maintain and develop markets for their products and address global hunger.
U.S. soybean exporters have recently seen less action than usual from top customer China, though the two parties signed a deal on Monday that could pave a path toward more Chinese purchases. ... -October 24, 2023 at 06:48 pm EDT - MarketScreener
CHICAGO, Oct. 24 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures closed mixed on Tuesday, with corn and wheat falling and soybean rising.