That's how much the American Soybean Association just landed from the U.S. government to help build markets overseas.
Interestingly, soy is already the highest valued U.S. agricultural export bringing in more than $8 billion a year. But never mind the particulars. Your tax dollars are burning a hole in Uncle Sam's pocket, and your wealth needs to be distributed ASAP.
That's where the USDA's Market Access Program (MAP) comes into play.
We just learned that the Department of Agriculture has ponied up $200 million in cost-sharing funds to help promote U.S. farm exports. Of that $200 million, $173.2 million was funneled through the MAP, with Cotton Council International, the U.S. Meat Export Federation and the Food Export Association of the Midwest collecting the biggest checks.