WASHINGTON, D.C. (RFD NEWS) — The U.S. Department of Agriculture (USDA) and the Export-Import Bank are launching a new export finance initiative to expand overseas sales of U.S. farm products and narrow the agricultural trade deficit. The announcement pairs a broader USDA-EXIM partnership with USDA’s new FARM Initiative, short for Financial Assurance to Revitalize Markets.
USDA said the initiative is designed to strengthen and modernize export credit support for agriculture. The effort brings together USDA’s financing tools and EXIM’s role as the federal export credit agency to help exporters, lenders, and foreign buyers work with more certainty.
The package includes several practical changes. USDA said it is expanding banking participation, increasing access in higher-risk markets, and offering 100 percent coverage for payment guarantees so exporters can pursue more business abroad.
Officials said EXIM will complement the $5.5 billion authorized under USDA’s GSM-102 export credit guarantee program. The agencies also pointed to EXIM export credit insurance and working capital loan guarantees as added tools for exporters.
USDA said the broader goal is to improve competitiveness, open more markets, and give American agriculture a stronger financing platform as trade policy and global competition continue to shift.
Farm-Level Takeaway: Expanded export financing could provide greater support for ag sales abroad if buyers and lenders use the additional tools.
Tony St. James, RFD News Markets Specialist
RFD NEWS Correspondent Frank McCaffrey speaks with Texas’s Sen. Ted Cruz and Rep. Vicente Gonzalez about USMCA renegotiation and its impact on U.S.–Mexico agriculture trade.
January 17, 2026 05:00 PM
·
Shaun Haney joined us to discuss Canada’s new trade agreement with China, the potential impact on farmers and exporters, and what it could mean for U.S.–Canada trade relations going forward.
January 16, 2026 01:16 PM
·
National Corn Growers Association Chief Economist Krista Swanson discusses corn supply pressures, market fundamentals, policy considerations, and producer outlook for the year ahead.
January 16, 2026 01:13 PM
·
The proposal signals a renewed push to offset tariff-driven losses, stabilize nutrition programs, and broaden eligibility for farm aid, though its path forward will depend on congressional negotiations.
January 16, 2026 11:58 AM
·
The application deadline is March 8, 2026. The 1890 National Scholars Program aims to encourage students at 1890 land-grant universities to pursue careers in food, agriculture, and natural resource sciences.
January 16, 2026 10:42 AM
·
Wind repowering offers a rare opportunity to renegotiate outdated leases and improve long-term land income for landowners who act early.
January 16, 2026 06:00 AM
·
