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Bills/119th Congress · Senate

S. 4560

Introduced

MARKET Act of 2026

Sponsor
RPete Ricketts· Nebraska
Introduced
May 19, 2026
Policy area
Agriculture and Food
Latest action
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (Sponsor introductory remarks on measure: CR S2375)May 19, 2026
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 4560 Introduced in Senate (IS)]

<DOC>

119th CONGRESS
2d Session
S. 4560

To direct the Secretary of Agriculture to publish, on an annual basis, 
an assessment of United States dependency on the exportation of 
agricultural commodities to adversarial countries, and for other 
purposes.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

May 19, 2026

Mr. Ricketts introduced the following bill; which was read twice and 
referred to the Committee on Agriculture, Nutrition, and Forestry

_______________________________________________________________________

A BILL

To direct the Secretary of Agriculture to publish, on an annual basis, 
an assessment of United States dependency on the exportation of 
agricultural commodities to adversarial countries, and for other 
purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Moving Away from Risk to Key Export 
Targets Act of 2026'' or the ``MARKET Act of 2026''.

SEC. 2. AGRICULTURAL COMMODITIES EXPORT ASSESSMENTS AND REPORTS.

(a) Definitions.--In this section:
(1) Covered export.--
(A) In general.--The term ``covered export'' means 
any agricultural commodity exported by the United 
States.
(B) Inclusions.--The term ``covered export'' 
includes--
(i) soybeans;
(ii) corn;
(iii) beef;
(iv) chicken;
(v) pork;
(vi) tree nuts;
(vii) sorghum;
(viii) cotton; and
(ix) dairy.
(2) Foreign adversary.--The term ``foreign adversary'' 
means--
(A) any foreign adversary (as defined in section 
8(c) of the Secure and Trusted Communications Networks 
Act of 2019 (47 U.S.C. 1607(c))); and
(B) any foreign country identified by the Secretary 
pursuant to subsection (d).
(3) Nonadversarial.--The term ``nonadversarial'', with 
respect to a foreign country or a market, means, respectively--
(A) that the foreign country is not a foreign 
adversary; and
(B) that the market is located outside the 
jurisdiction of a foreign adversary.
(4) Secretary.--The term ``Secretary'' means the Secretary 
of Agriculture.
(b) Annual Assessment and Report.--On an annual basis, the 
Secretary, in coordination with the United States Trade Representative, 
shall submit to the Committee on Agriculture, Nutrition, and Forestry 
of the Senate and the Committee on Agriculture of the House of 
Representatives a report that--
(1) identifies risks and vulnerabilities with respect to 
the existing access of the United States to covered export 
markets of foreign adversaries that pose a risk of exploiting 
such a market; and
(2) contains an assessment of alternative markets to the 
markets described in paragraph (1).
(c) Contents.--Each report under subsection (b) shall--
(1) address the current and potential market access for 
each covered export that could be at risk of exploitation by a 
foreign adversary in the event of a trade disruption or 
military conflict;
(2) contain recommendations of the Secretary, in 
coordination with the United States Trade Representative, the 
Secretary of Commerce, and the Secretary of State, to reduce 
the dependency of the United States on markets of foreign 
adversaries for covered exports;
(3) identify alternative markets for increasing covered 
exports to nonadversarial countries; and
(4)(A) describe, monitor changes over time in, and 
otherwise address potential risks posed by foreign adversaries 
to covered exports in nonadversarial markets; and
(B) contain recommendations for--
(i) methods to address the risks described in 
subparagraph (A); and
(ii) the presence and activities of the United 
States, unrelated to covered exports, in nonadversarial 
countries for the purpose of understanding how covered 
export market and nonmarket presence and activities may 
limit or constrain the United States with respect to 
covered exports and related market access.
(d) Identification of Foreign Adversaries.--At the discretion of 
the Secretary, for purposes of inclusion in an assessment under this 
section, the Secretary may identify as a foreign adversary any foreign 
country that the Secretary determines has engaged in a long-term 
pattern, or 1 or more serious instances, of conduct significantly 
adverse to--
(1) the national security of the United States; or
(2) the security and safety of residents of the United 
States.
(e) Collection, Distribution, and Protection of Information.--
(1) Voluntary basis.--The Secretary may collect information 
as part of an assessment under this section, subject to the 
condition that any such collection from a private entity shall 
be conducted on a voluntary basis.
(2) Aggregate data.--The Secretary, an officer or employee 
of the Department of Agriculture (or any agency thereof), or 
any other person shall not disclose to the public any 
information provided by a private entity for purposes of an 
assessment under this section, unless the information has been 
transformed into a statistical or aggregate form that does not 
allow the identification of the person that supplied any 
particular information.
(3) Confidentiality.--The Secretary shall ensure that no 
report submitted under this section includes any information 
that is a trade secret or confidential information subject to--
(A) section 552(b)(4) of title 5, United States 
Code; or
(B) section 1905 of title 18, United States Code.
(4) Immunity from disclosure.--Information provided to the 
Secretary as part of an assessment under this section--
(A) shall be considered to be specifically exempted 
from disclosure under section 552(b)(3) of title 5, 
United States Code; and
(B) shall not be used by the Secretary for any 
purpose other than to carry out this section.
(f) Termination of Report.--The Secretary shall terminate the 
preparation and submission of the report under this section on making a 
determination that all relevant covered export markets have become 
sufficiently diversified.
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