The U. S. Department of Agriculture's Faculty Exchange Program (FEP) brings qualified agricultural educators from progressive institutions of higher learning to the United States for a period of 5-6 months to increase their knowledge of and ability to teach, modern agricultural economic and agribusiness subjects.

The FEP increases the number of adults in the host country who understand how agricultural systems function in a market economy by improving the quantity and quality of academic and adult education programs in agricultural economics and marketing, agribusiness and agrarian law.

The FEP promotes the long-term development of sound agricultural policy and competitive agricultural marketing and business systems in the host country to enable it to compete successfully in a global economy.