Conferences
Trade Adjustment Assistance for Farmers: Intensive Technical Assistance
Kevin Klair
Summary
The Trade Act of 1974, as amended by the Trade Act of 2002, established the Trade Adjustment Assistance (TAA) for Farmers. The purpose of TAA for Farmers and Fishermen is to assist agricultural producers and fishermen to adjust to import competition.
One of the primary benefits of TAA for Farmers Technical Assistance to help individual farming and fishing businesses evaluate and implement changes to adjust to import competition. Technical Assistance is required to qualify for payment benefits associated with the program.
The existing mandatory Technical Assistance which is required for an eligible producer to receive TAA payments is designed to discuss the world economic situation for a commodity and to provide an overview of potential options available to producers or harvesters of the commodity. Existing technical assistance opens the door for farmers and fishermen to consider changes they could make to adjust to import competition.
A new Intensive Technical Assistance program is being initiated this year and will help individual farmers and fishermen 1) analyze potential changes to their individual businesses to determine if and how they can survive and thrive in an environment of increased foreign competition; and 2) implement viable alternatives to improve their competitiveness and profitability.
Funding is available to contract with educators and consultants to deliver Intensive Technical Assistance including financial analysis of current business and evaluation of potential alternatives; development of a business and/or marketing plan; and evaluation of new products, production methods, direct marketing, business expansion or recreational enterprises.
Details
| Conference | 2005 National Extension Risk Management Education Conference |
| Presentation Type | 60-Minute Concurrent |