United States Department of Agriculture (USDA)

The United States Department of Agriculture (USDA) is a federal executive department responsible for developing and executing federal government policy on farming, agriculture, forestry, and food. It aims to meet the needs of farmers and ranchers, promote agricultural trade and production, assure food safety, protect natural resources, foster rural communities, and end hunger both domestically and globally.

Location

The USDA is headquartered in Washington, D.C., and operates across the entire United States, with numerous regional and local offices that ensure its reach and effectiveness in implementing agricultural policies and programs.

Financial Indicators

While the USDA is not a profit-making entity like private corporations, its budget and financial allocations are crucial for understanding its scale and impact. For the fiscal year 2023, the USDA had a budget of approximately $178 billion. This budget supports a wide array of programs, including agricultural development, food safety, and nutrition assistance programs, directly impacting stakeholders in the dairy market.

Important Events

One of the significant current developments is the USDA's call for agricultural producers to prepare for enrollments in crucial safety-net programs for the 2025 cycle. These programs are designed to provide financial assistance and support to farmers, including those in the dairy sector, helping to manage the risk and unpredictability of agricultural production.

Company Plans

Looking forward, the USDA is focused on enhancing its safety-net programs to better serve agricultural producers. This includes refining the enrollment processes for the 2025 cycle and ensuring that the programs are well-funded and effectively address the challenges faced by the dairy market and other agricultural sectors.

Sources

• USDA Official Website
• USDA Budget Summary 2023

Modified: 2025/04/02

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