S 4560 United States Senate · 119th Congress

MARKET Act of 2026

The MARKET Act of 2026 requires the Secretary of Agriculture to annually assess and report on the risks of U.S. agricultural exports, such as soybeans and corn, being exploited by foreign adversaries. This bill mandates that the report identify vulnerabilities in current markets and propose strategies to reduce reliance on these countries by shifting trade to nonadversarial nations. To support this process, the Secretary may voluntarily collect data from private entities while ensuring all specific information remains confidential and is only used for the assessment. The requirement to submit these reports will end only when the Secretary determines that U.S. export markets have been sufficiently diversified.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2026
Committee Review
Floor Vote
President
Introduced May 19, 2026 Last action May 19, 2026
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Full legislative history

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Total actions
2
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Committee
1
May 19, 2026
Committee
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (Sponsor introductory remarks on measure: CR S2375)
upper
May 19, 2026
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Pete Ricketts
Pete Ricketts
RRepublican
NE
n/a