# USDA and EXIM Launch FARM Initiative

The U.S. Department of Agriculture (USDA) and the Export-Import Bank of the United States (EXIM) have launched the Financial Assurance to Revitalize Markets (FARM) Initiative, a historic partnership aimed at expanding export credit guarantees and financing options to boost American agricultural exports. This collaboration seeks to open new international markets, reduce the agricultural trade deficit, and support rural economic growth and long-term competitiveness for U.S. farmers.

- The FARM Initiative combines EXIM’s export credit tools with USDA’s GSM-102 guarantees to provide a coordinated approach to export financing, reducing risk for exporters and buyers.
- Procurement professionals should note increased opportunities for financing agricultural export-related projects and services, potentially impacting contract requirements and vendor qualifications.
- This partnership signals a strategic federal focus on strengthening agricultural export infrastructure and market access, which may influence future procurement priorities and funding allocations.
- Contractors and service providers in agricultural finance, export facilitation, and related sectors can leverage this initiative to align offerings with government-supported export expansion efforts.

**Jurisdictions:** federal
**Industries:** Energy & Utilities
**Topics:** Grants & Funding
**Published:** April 30, 2026

### Government Entities
- U.S. Department of Agriculture (USDA)
- Export-Import Bank of the United States (EXIM)

### Key Quotes
> By pairing EXIM’s export credit tools with USDA’s GSM-102 guarantees, we’re delivering a stronger, more coordinated approach to export financing—reducing risk, opening new markets, and putting more American-grown products in the hands of buyers worldwide.
> — John Jovanovic, Chairman, Export-Import Bank of the United States

> This new partnership between USDA and EXIM is exactly the new thinking and the comingling of the brightest minds in government that is needed to fully utilize every single available resource to boost ag exports, improve the ag economy, and return to an era of long-term stability and profitability in rural America.
> — Brooke L. Rollins, U.S. Secretary of Agriculture

### Sources
- [USDA and EXIM Announce Historic Partnership to Put American Farmers First and Boost Exports | USDA](https://www.usda.gov/about-usda/news/press-releases/2026/04/29/usda-and-exim-announce-historic-partnership-put-american-farmers-first-and-boost-exports) - USDA
- [USDA and EXIM Announce Historic Partnership to Put American Farmers First and Boost Exports | USDA Foreign Agricultural Service](https://www.fas.usda.gov/newsroom/usda-and-exim-announce-historic-partnership-put-american-farmers-first-and-boost-exports) - FAS