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USDA Awards $2.2 Million for Markets and Trade Research

Date: Dec. 2, 2005
Location: Washington, DC
Issues: Trade Agriculture and Food


USDA AWARDS $2.2 MILLION FOR MARKETS AND TRADE RESEARCH

WASHINGTON, Dec. 2, 2005 - Agriculture Secretary Mike Johanns announced today the awarding of eleven grants totaling $2.2 million for research on agricultural markets and trade. These grants support innovative research that examines trade barriers, consumer behavior and choice, market mechanisms, and organizational structures of agriculture and agricultural research investments.

"The Agriculture Markets and Trade program supports research that promotes trade opportunities for U.S. agriculture," said Johanns. "This research will aid the performance and competitiveness of food, fiber and bio-based products in domestic and foreign markets."

The USDA's Cooperative State Research, Education and Extension Service (CSREES) administers the Agriculture Markets and Trade program through the National Research Initiative (NRI). The NRI is the largest peer reviewed, competitive grants program in CSREES. It supports research, education and extension grants that address key problems of national, regional and multi-state importance in sustaining all components of agriculture.

Research from the grants will benefit the vegetable and winter tomato markets, the livestock sector, U.S. food retailers, commodity price analysts, international trade participants and policy makers, agricultural research investors, producers of genetically modified grain and consumers around the world.

The average award size was $199,500. Descriptions of funded awards are available at http://cris.csrees.usda.gov/cgi-bin/starfinder/0?path=fastlink1.txt&id=anon&pass=&search=CG=*35400*%20not%20PS=TERM*&format=WEBTITLESG.

CSREES advances knowledge for agriculture, the environment, human health and well-being, and communities by supporting research, education and extension programs in the Land-Grant University System and other partner organizations. For more information, visit http://www.csrees.usda.gov.

http://www.usda.gov/wps/portal/!ut/p/_s.7_0_A/7_0_1OB/.cmd/ad/.ar/sa.retrievecontent/.c/6_2_1UH/.ce/7_2_5JM/.p/5_2_4TQ/.d/3/_th/J_2_9D/_s.7_0_A/7_0_1OB?PC_7_2_5JM_contentid=2005%2F12%2F0524.xml&PC_7_2_5JM_navtype=RT&PC_7_2_5JM_parentnav=LATEST_RELEASES&PC_7_2_5JM_navid=NEWS_RELEASE#7_2_5JM

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