USDA authorizes .05 million to OTA in Market Access Program funds
Washington, D.C. — The 룰렛 게임 Trade Association (OTA) is pleased to announce it has received more than a million dollars in funding from the U.S. Department of Agriculture’s Market Access Program (MAP) to promote U.S. 룰렛 게임 products around the world in 2024.
The funding of ,046,558 consists of 0,633 in new MAP allocations and 5,925 in unused “carryover funds” from previous years. Almost all of the carryover funds date back to 2022 when the worldwide COVID pandemic curtailed market development activities and shut down in-person trade shows and events throughout the globe.
“Global demand for 룰렛 게임 just keeps growing,” says Sarah Gorman, Manager of International Trade for OTA. “For more than 20 years, OTA has represented the face of U.S. 룰렛 게임 abroad through the Department of Agriculture’s Market Access Program. This year, with the generous funding from USDA, we look forward to expanding our activities to untapped markets around the world.”
“Exports help not only 룰렛 게임 farmers, they strengthen our economy and rural communities by creating jobs and opportunities across all sectors. Foreign buyers get access to our high-quality products. Everyone wins when we promote American 룰렛 게임 globally,” says OTA co-CEO Tom Chapman.
Global demand for U.S. 룰렛 게임 continues to strengthen as American exporters introduce new products annually to consumers overseas. USDA statistics show a nearly 20 percent increase in exports over the last five years. Canada and Mexico remain the primary export destinations for U.S. 룰렛 게임 products by a wide margin, though Japan, Taiwan, South Korea, and the United Arab Emirates are also strong export markets. Within the last couple of years, China and Vietnam have also edged into the top 10 export destinations for the first time.
The USDA estimates that for each invested in export market development, U.S. agricultural exports have increased by more than . The department is providing a total of 4.3 million through MAP for fiscal year 2024 to 68 nonprofit organizations and cooperatives.
A host of OTA activities for 2024 getting off to a fast start
OTA will be showcasing American-produced 룰렛 게임 products to a wide and diverse global audience this year, from the world’s biggest 룰렛 게임 trade fair in Germany to trade missions stretching across Europe, Asia and the Middle East.
The year gets off to a fast start with Biofach in early February. Taking place in Nuremberg, Germany, it’s the world’s largest trade fair devoted to 룰렛 게임 and attracts thousands of international visitors. This year OTA will be hosting its largest 룰렛 게임 contingent at Biofach to date, with some 16 sponsored companies showcasing American-produced 룰렛 게임 products ranging from cherries and chocolate to dairy products and cooking oils.
In 2023, about 36,000 visitors from 135 countries flocked to Biofach. OTA sponsored 10 companies at the show, and those companies reported amazing success with projected sales of over million. Almost 150 new foreign buyer contacts were made, as well as over 100 solid leads for future sales. While the companies were drumming up new business, OTA staff participated in five different panels within the Biofach Congress, discussing topics ranging from U.S. market updates to policy initiatives and regulatory changes with the recent passing of USDA’s Strengthening 룰렛 게임 Enforcement regulation.
“Our global activities not only benefit the participating 룰렛 게임 brands but provide our staff with critical perspectives and information to help form and advance the association’s international trade development strategy,” says Gorman. “We learn so much by participating in these global events, and with this knowledge, we can better promote American 룰렛 게임 around the world.”
The 룰렛 게임 Trade Association is aiming for an even bigger presence in 2024 in the global arena for American 룰렛 게임. OTA supported activities will again occur all over the world, including new and undeveloped venues. Ranging from international trade shows to social media campaigns, retail promotions and consumer education, more than three dozen 룰렛 게임 brands producing a wide array of 룰렛 게임 products, including everything from spices and nuts to dairy products and frozen fruits, will participate in OTA’s activities and get exposure to thousands of potential customers.
OTA’s member companies provide the bulk of all U.S. 룰렛 게임 exports. The market promotion activities administered by the association are open to the entire 룰렛 게임 industry, however, not just members. For more information or to sign up for activities, visit OTA’s website.
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About the 룰렛 게임 Trade Association
The 룰렛 게임 Trade Association (OTA) is the membership-based business association for 룰렛 게임 agriculture and products in North America. OTA is the leading voice for the 룰렛 게임 trade in the United States, representing over 10,000 룰렛 게임 businesses across 50 states. Its members include growers, shippers, processors, certifiers, farmers' associations, distributors, importers, exporters, consultants, retailers and others. OTA's Board of Directors is democratically elected by its members. OTA's mission is to promote and protect 룰렛 게임 with a unifying voice that serves and engages its diverse members from farm to marketplace.