Donation of surplus commodities owned by the Commodity Credit Corporation (CCC) to developing nations and friendly countries. Donated food must not affect existing food programmes or normal commercial sales.
CCC is the US government agency which purchases the surplus food from the market. Food can either be used directly or be monetised in the receipant country's market. Money gained from the sale can be then put to use on a pre-agreed program.
The type of surplus food can vary, but what is available will depends on last year's harvest in the USA. Typical donations includes:
Which are the USDA "aid" programs? (Public Law 480, Section 416 of the Agricultural Act of 1949 and Food for Progress) (Fact File: USDA's Concessional and Commercial Export Assistance Programs)
Mar 01, 1992; Which are the USDA "aid" programs? USDA's food aid programs include Public Law 480, also known as Food for Peace, Section 416 of...