What does Preamble of MARKET Act of 2026 do?

This bill directs the Secretary of Agriculture to publish an annual assessment. The assessment will focus on United States dependency on exporting agricultural commodities. The assessment specifically addresses exportation to adversarial countries.

What does SHORT TITLE. of MARKET Act of 2026 do?

This bill is formally titled the Moving Away from Risk to Key Export Targets Act of 2026.

What does AGRICULTURAL COMMODITIES EXPORT ASSESSMENTS AND REPORTS. of MARKET Act of 2026 do?

This section establishes definitions related to agricultural commodity exports, foreign adversaries, and nonadversarial markets. The Secretary of Agriculture, in coordination with the United States Trade Representative, must submit an annual report to congressional agriculture committees. The report identifies risks and vulnerabilities associated with access to covered export markets of foreign adversaries and assesses alternative markets. The report's contents include recommendations to reduce reliance on foreign adversary markets and identify alternative markets for covered exports. The Secretary may identify foreign adversaries based on conduct adverse to U.S. national security or resident safety. Information collection for assessments is voluntary, and private entity information is protected from public disclosure unless aggregated. The Secretary must ensure reports do not include trade secrets or confidential information. The report requirement terminates when the Secretary determines covered export markets are sufficiently diversified.

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MARKET Act of 2026

Last updated: 5/19/2026 · Introduced: 5/19/2026

Author: Pete Ricketts (R-NE)

TL;DR (AI)

The bill requires the Secretary of Agriculture to annually assess and report on U.S. reliance on exporting agricultural commodities, particularly to countries considered adversarial.
This report will identify risks, vulnerabilities, and recommend strategies to diversify export markets and reduce dependence on foreign adversaries.
The Secretary can designate foreign adversaries based on actions harmful to U.S. national security or resident safety, while protecting private entity information.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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