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USDA Accepting Petitions for Fiscal Year 2011 Trade Adjustment Assistance (TAA) for Farmers Program
25.05.2010 11:28 "Agro Perspectiva" (Kyiv) —
The U. S. Department of Agriculture (USDA) today announced the period for accepting petitions under the Fiscal Year 2011 Trade Adjustment Assistance (TAA) for Farmers Program. Petitions will be accepted between May 21, 2010, and July 16, 2010.
Launched by USDA in March, the TAA for Farmers Program provides technical assistance and cash benefits to eligible U.S. producers and fishermen of raw agricultural commodities whose crops or catch have been adversely affected by imports of like or directly competitive commodities. The program, which was re-authorized and modified by the American Recovery and Reinvestment Act of 2009, is administered by USDA’s Foreign Agricultural Service, with assistance from the National Institute of Food and Agriculture, the Farm Service Agency, and the University of Minnesota’s National Training Center.
Producers of raw agricultural commodities and fishermen who can show, as a result of increased imports, a greater than 15 percent decrease in the national average price, the quantity of production, the value of production, or in cash receipts, compared to the average of the three preceding marketing years, and that the decline was importantly caused by an increase in imports during the same time period, may be eligible to receive free training and cash benefits. The training includes help in developing business adjustment plans that can serve as a guide for adjusting a producer’s business operations to prevailing economic conditions. The cash benefit includes up to $12,000 for helping them implement their business plans.
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