Tag Archives: Agricultural Trade Promotion Program

$20M in fed funding will help lobster industry claw back lost market share

Food Export USA-Northeast said it will use more than $20 million in federal funding to help seafood suppliers tap into new markets, with a special focus on the lobster industry. The Philadelphia-based nonprofit association unveiled the plan and new funding through the U.S.D.A’s Agricultural Trade Promotion Program in a press release Wednesday. It said the group will use a “significant portion” of the amount over the next few years to open new export markets for selected regional suppliers, educate importers and connect the industry to a broader range of international buyers. >click to read< 12:17