Tridge summary
The U.S. President signed a one-year Farm Bill extension, allowing for continued USDA support for American seafood production through September 2024. U.S. lawmakers are working to expand the USDA's role in the seafood industry, particularly with regard to aquaculture. The government is considering a variety of legislative solutions aimed at raising the profile of seafood within the USDA, including the Sustaining Healthy Ecosystems, Livelihoods, and Local Seafood (SHELLS) Act, and the Fishing Industry Credit Enhancement Act.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
UPDATE: This story was originally published in October in SeafoodSource’s Key Buyer 2023 Industry Update – Fall Edition. In November, U.S. President Joe Biden signed a one-year Farm Bill extension that will keep many programs running through September 2024.U.S. lawmakers are pushing for the U.S. Department of Agriculture (USDA) to play a much larger role in American seafood production, and they’re using the renewal of the Farm Bill to make it happen. The USDA already plays a significant role in the U.S. seafood economy by buying seafood products, providing financial relief, and investing in new technologies. However, a slew of new bills and amendments to the Farm Bill could radically increase the department’s presence in the sector, especially when it comes to aquaculture.While NOAA Fisheries may be the first agency that comes to mind when considering the federal government’s role in domestic seafood production, the USDA also wields considerable influence. The USDA purchases ...
Source: Seafoodsource
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