24-MAR-1992 HPP (TEA) BRANDED PROGRAM COMPNIT LIST Market Promotion Program (MPP) / Targeted Export Assistance (TEA)-Branded Programs 1986-1991 The figures shown for each company represents funding levels as of 2/10/92. Some of these amounts are likely to increase with time. Prepared by Marketing Operations Staff (MOS), Foreign Agricultural Service. For further information contact MOS at (202) 720-5521. 1906 EXPENDITURES 1989 BUDGETED AMERICAN SOYBEAN ASSOCIATION Page: 3 1987 EXPENDITURES 1988 EXPENDITURES 1990 BUDGETED 1991 TEA BUDGSTED 1991 PP BUDGETED U.S. COMPANIES $0 8 88 $0 $72,300 $72,300 $35,000 $546,667 $581,667 $172,000 $172,000 $500,000 $413,500 $0 MPP (TEA) BRANDED PROGRAM - COMPANT LIST Market Promotion Program (MPP) / Targeted Export Assistance (TEA) —› Branded Programs 1986-1991 *T.30 figures shown for each company represents funding levels as of 2/10/92. Some of these amounts are likely to increase with time. Prepared by Marketing Operations Staff (MOS), Foreign Agricultural Service. For further information contact 105 at (202) 720-5521. 24-48-1992 Page: 3 54-462 0-92-16 None MPP (TEA) BRAIDED PROGRAM - COMPANY LIST Market Promotion Program (MPP) / Targeted Export Assistance (TEA) — Branded Programs 1986-1991 The figures shown for each company represents funding levels as of 2/10/92. Some of these amounts are likely to increase with time. Prepared by Marketing Operations Staff (MOS), Foreign Agricultural service. For further information contact MDS at (202)720-5521. 88 1991 TEA BUDGETED $87,335 $200,000 $0 $87,335 $200,000 $0 $87,335 Page: 3 Statement of Stephen L. Censky, Associate Administrator Before the House Appropriations Subcommittee on Mr. Chairman, members of the Subcommittee, I appreciate the opportunity to meet with you to discuss the work of the Foreign Agricultural Service (FAS) and to present our budget request for fiscal year 1993. We are grateful for the support that the Chairman and the Subcommittee have given to the export and market development programs over the years. The unprecedented events of the past year have made it more necessary than ever that we use wisely and effectively the funds appropriated for these purposes. We welcome your advice and counsel. The mission of the Foreign Agricultural Service is to advance and reinforce the efforts of the private sector to expand exports of U.S. food and agricultural products. A vibrant export sector is crucial not only to the health of U.S. agriculture in the short and long term, but to the health of the entire U.S. economy. Export strength including agricultural exports has softened the recessions' impact and was a bright spot in the economy. Each $1 in agricultural export earnings generates another $1.59 in business for the U.S. economy. In addition, 1 million full-time jobs - including nearly 600,000 off the farm hinge on the health of U.S. agricultural exports each year. FAS carries out its responsibilities to support the private sector in a number of areas, which include: - building new markets and maintaining the competitive position of U.S. farmers in the global marketplace; representing the diverse interests of U.S. farmers and the food and agriculture sectors abroad; carrying out market-related technical assistance programs; and - collecting, analyzing, and disseminating information about global supply and demand, trade trends, and emerging market opportunities. In my testimony today, I intend to discuss how FAS is working to accomplish this mission and some of the particular challenges we face. The Acting General Sales Manager, who is also here today, will discuss the export programs he administers, including the food aid, export credit guarantee, market promotion, and export enhancement programs. EXPORT OUTLOOK To put my remarks in perspective, I would like to give a brief accounting of the situation and outlook for U.S. exports. In the near-term, the outlook for U.S. agricultural exports is quite favorable. USDA is projecting that exports this fiscal year will reach $40 billion, which is up nearly 7 percent from fiscal year 1991. This results from larger exports of wheat, soybeans, and high-value products, such as meats, fruits and vegetables. At $11.5 billion in fiscal 1991, U.S. exports of consumer-oriented high-value food products have grown nearly 140 percent since 1985. The |