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foreign donations programs - PDF, 101 mb - usaid

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Status and Uses of Foreign Currency<br />

By June 30, 1965, the United States had entered into<br />

agreements with recipients of title I shipments calling for<br />

the deposit of approximately $10.5 billion in the <strong>foreign</strong><br />

currencies of 51 countries. Collections amounted to<br />

about $9.6 billion on the same date. Over $6.5 billion<br />

of this had been disbursed by U.S. Government agencies.<br />

Table VIII shows the detailed status of these currencies<br />

by country.<br />

Under agreements entered into during 1965, the dollar<br />

equivalent of planned <strong>foreign</strong> currency uses for the purposes<br />

specified in section 104 of the Act are shown in<br />

table IX.soehtlstani194<br />

Agricultural Market Development<br />

Under section 104(a) tip to five percent of the <strong>foreign</strong><br />

currencies generated by title I sales may be used to maintain<br />

or expand present agricultural export markets or to<br />

develop new markets. Since the beginning of the program,<br />

expenditures of Public Law 480 fluds for market<br />

development have totaled $65.8 million. Cooperating<br />

private trade and agricultural groups have expended<br />

about $43.5 million of their own funds, making a total<br />

of $109.3 million available for agricultural <strong>foreign</strong> market<br />

development through Dece<strong>mb</strong>er 31, 1965.<br />

The present cooperative market development program<br />

began in 1955. Since then dollar exports of U.S. agricultural<br />

commodities and products have increased from<br />

$2.0 billion to about $4.8 billion. Activities under the<br />

market development program have contributed to this<br />

sig nific an t g a in .<br />

There are four major types of market development<br />

<strong>programs</strong> now active:<br />

* Cooperative <strong>programs</strong> with trade and agricultural<br />

groups<br />

* Trade fairs and trade centers<br />

* Marketing research<br />

" Utilization research<br />

Cooperative Programs with Trade and<br />

Agriculture Groups<br />

Thicmaor artsofatherora m forndlevhoperaagricultural<br />

markets abroad is handled through coopr<br />

tive projects of Government and industry. Approved<br />

U.S. trade and agricultural groups (cooperators) conduct<br />

market development work, directly or in cooperation<br />

with <strong>foreign</strong> trade and agricultural groups, and<br />

contribute funds, personnel, services, supplies, and equipmient.<br />

The Government provides <strong>foreign</strong> currencies and<br />

general guidance, including assistance overseas by the<br />

Agricultural Attache Service of the U.S. Department of<br />

Agriculture. In a few cases, when an appropriate trade<br />

group is unavailable, or when market analyses or<br />

problems cut across commodity lines, projects are carried<br />

out directly by the Government.<br />

Considerable emphasis was given in 1965 to reappraisal<br />

of commodity promotions. USDA reviewed and reworked<br />

plans in order to increase the effectiveness of<br />

market development operations. Some projects were<br />

dropped and expenditures for others were reduced. The<br />

n<strong>mb</strong>er of active projects and expenditures was therefore<br />

somewhat less than in 1964.<br />

The projects cover a wide range of activities, including<br />

marketing research, merchandising clinics, technical<br />

assistance, exhibits, food processing training schools,<br />

promotional contests, demonstrations, tours by <strong>foreign</strong><br />

groups to U.S. agricultural industries, advertising campaigns,<br />

and survey teams of commodity representatives.<br />

Commercial market advances in<br />

1965 commodity <strong>programs</strong><br />

Colton.-Sales of cotton goods in the Netherlands increased<br />

significantly as a result of a pilot consumer<br />

advertising and merchandising program of Cotton Counmcil<br />

International, launched after more than a year's<br />

preliminary market research and planning. Other cotton-producing<br />

countries made plans to join forces with<br />

the United States in an international promotional prograin<br />

to regain markets lost to man-made fibers.<br />

Feed Grains.-Exports of feed grains reached a record<br />

hi g h o ab o u t -$1 0 0 of e r mon s a a r tly<br />

high of about $100 million per month. This was partly<br />

the result of educational and promotional activities by<br />

the U.S. Feed Grains Council over the past five years.<br />

Corn and grain sorghums accounted for most of the<br />

increase.<br />

Soybeans.-Activities of the Soybean Council of America<br />

and American Soybean Association helped bring about<br />

continued export gains for soybeans and soybean products.<br />

West Germany bought 1.4 million tons, making<br />

it the world's largest purchaser of U.S. soybeans. Soybean<br />

oil exports to Spain were over 230 million pounds,<br />

another high mark in sales of soya products to that country.<br />

Exports of soybean meal are also increasing to meet<br />

the needs of expanding livestock industries abroad.<br />

W/ieat.-Educational and promotional activities by<br />

Wheat Associates contributed to the expanding market<br />

for wheat in Japan, now the largest dollar customer for

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