S. 4560: Moving Away from Risk to Key Export Targets Act of 2026

This bill, known as the Moving Away from Risk to Key Export Targets Act of 2026, seeks to address the United States' dependence on agricultural exports to countries considered foreign adversaries. Here are the main components of the bill:

Annual Assessments

The bill mandates that the Secretary of Agriculture, in coordination with the United States Trade Representative, releases an annual report. This report will:

• Identify risks and vulnerabilities related to U.S. agricultural exports to foreign adversaries.
• Provide an assessment of alternative markets to those identified as risky.

Definitions

Some key terms in the bill include:

• Covered export: This refers to any agricultural commodity exported from the U.S. Examples include soybeans, corn, beef, chicken, pork, tree nuts, sorghum, cotton, and dairy.
• Foreign adversary: This term refers to any country that poses a potential threat to the U.S., as defined by existing laws.
• Nonadversarial: A foreign country or market that does not pose a risk to U.S. national security.

Contents of the Report

The annual report must cover:

• Current and potential access to markets at risk from foreign adversaries.
• Recommendations for reducing dependency on these adversarial markets.
• Identification of alternative markets for agricultural exports.
• Monitoring risks posed by foreign adversaries to exports in nonadversarial markets, with recommendations for mitigation.

Identification of Foreign Adversaries

The Secretary has discretion to identify foreign countries as adversaries based on their patterns of conduct that negatively impact U.S. national security or the safety of its residents.

Information Collection and Confidentiality

To prepare these assessments, the Secretary can collect information from private entities, but this collection must be voluntary. Furthermore:

• Data collected must be kept confidential and aggregated to protect individual identities.
• Trade secrets and confidential information are exempt from disclosure.
• Any information provided can only be used for the purposes of this assessment.

Termination of the Report

Finally, the requirement to submit these reports can be terminated if it is determined that the U.S. agricultural export markets have diversified enough to minimize risks.

Relevant Companies

• ADM (Archer-Daniels-Midland Company): As a major agricultural processor and exporter, changes in export policy could significantly affect their operations and market access.
• KO (The Coca-Cola Company): They source a variety of agricultural products and could see changes in their supply chain and costs based on shifts in export policies.
• TSN (Tyson Foods, Inc.): As a major supplier of poultry, beef, and pork, Tyson could be greatly affected by restrictions or changes in export markets to foreign adversaries.