Policy Impact Analysis - 117/S/4941

Bill Overview

Title: CREAATE Act of 2022

Description: CREAATE Act of 2022 This bill expands and extends through FY2029 the Market Access Program and Foreign Market Development Cooperator Program of the Department of Agriculture.

Sponsors: Sen. King, Angus S., Jr. [I-ME]

Target Audience

Population: Individuals involved in American agricultural sectors including farmers, agricultural workers, and those in related industries.

Estimated Size: 20000000

Reasoning

Simulated Interviews

Farmer (Fresno, California)

Age: 54 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 8/20

Statement of Opinion:

  • I think having more access to foreign markets will help make us more competitive globally.
  • If the policy works, I anticipate better prices for my almonds.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 5
Year 3 7 5
Year 5 8 5
Year 10 9 5
Year 20 9 4

Agricultural marketing specialist (Des Moines, Iowa)

Age: 37 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • Programs to increase market access definitely make our job easier.
  • We hope this will lead to more opportunities for the farmers we support.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 8 5
Year 10 8 5
Year 20 7 5

Logistics coordinator (Memphis, Tennessee)

Age: 29 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • I'm curious about whether these changes will actually lead to better routes and rates.
  • If this boosts our business, it could mean better job security for me.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 6 5
Year 5 6 5
Year 10 6 5
Year 20 5 5

Wheat farmer (Bismarck, North Dakota)

Age: 45 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 15.0 years

Commonness: 7/20

Statement of Opinion:

  • Additional support for export markets could stabilize prices.
  • I'm optimistic but cautiously so, as these programs have limits.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 7 4
Year 10 8 4
Year 20 7 3

Rural community banker (San Antonio, Texas)

Age: 50 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • A thriving agricultural export scene can definitely drive demand for credit in farming communities.
  • Policies like CREAATE could indirectly benefit our bank's business.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 5
Year 3 6 5
Year 5 7 5
Year 10 7 5
Year 20 6 5

Agricultural policy analyst (Atlanta, Georgia)

Age: 62 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 0.0 years

Commonness: 4/20

Statement of Opinion:

  • I'm skeptical about the breadth of impact given the budget constraints.
  • However, correctly implemented, these programs can provide a significant boost to the economy.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 8 8
Year 20 8 8

Farm equipment supplier (Bakersfield, California)

Age: 33 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 8.0 years

Commonness: 5/20

Statement of Opinion:

  • Export stimulation might increase equipment demand, improving our business outlook.
  • There's potential, but it's contingent on actual market developments abroad.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 6 5
Year 5 6 5
Year 10 6 5
Year 20 6 5

Organic vegetable farmer (Sacramento, California)

Age: 41 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 3/20

Statement of Opinion:

  • Not directly impacted, but increased exports might affect domestic prices.
  • My main markets are local, so I don't anticipate much change for me.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Export compliance officer (Phoenix, Arizona)

Age: 39 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • More market access means more work ensuring compliance, but that's job security.
  • I expect some adjustments, hopefully positive ones, in our processes.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 7 5
Year 10 7 5
Year 20 6 5

Dairy farmer (Omaha, Nebraska)

Age: 48 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 12.0 years

Commonness: 5/20

Statement of Opinion:

  • International market access is crucial for organic goods like ours.
  • I'm optimistic, but we need to see how this policy actually unfolds.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 9 6
Year 10 9 6
Year 20 8 5

Cost Estimates

Year 1: $234000000 (Low: $200000000, High: $300000000)

Year 2: $234000000 (Low: $200000000, High: $300000000)

Year 3: $234000000 (Low: $200000000, High: $300000000)

Year 5: $234000000 (Low: $200000000, High: $300000000)

Year 10: $0 (Low: $0, High: $0)

Year 100: $0 (Low: $0, High: $0)

Key Considerations