Under the 1996 Farm Bill Agricultural Trade Policy Changes Under the 1996 Farm Bill Title II of the 1996 farm bill addresses U.S. trade policy. Despite funding reductions in some export programs, U.S. agricultural exports are expected to continue their rapid growth under the new farm bill. Prohibits direct assistance for brand promotions to foreign companies for foreign-produced products or to companies that are not recognized as small businesses as defined under the Small Business Act. The lone exceptions are cooperatives and non-profit trade associations. This is in response to much publicized criticism of previous MPP funds used to promote the products of large agribusinesses and food corporations.
Exports generally account for around one-fourth of Kentucky agricultural cash receipts.
The trade policy changes under the 1996 farm bill will not likely have a major impact directly on Kentucky agricultural exports. Market promotion funds have been allocated in the past to certain ag-related business interests in Kentucky such as the bourbon, thoroughbred and hardwood industries. Kentucky's wheat and poultry industries may benefit modestly from the allocation of EEP funds. This publication, written by Will Snell , originally appeared as electronic news article on the College of Ag. This page takes advantage of advanced HTML features found in Netscape ver.