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The purpose of the agency was to divert agricultural commodities from the open market, where prices were depressed by surplus farm products, to destitute families. [1] As of 2012, the federal purchase and distribution of surplus food still continues, now under the auspices of the Emergency Food Assistance Program.
USDA commodity cheeses. On August 23, 2016, the US Department of Agriculture stated that it planned to purchase approximately eleven million pounds (5,000 t) of cheese, [6] worth $20 million, [7] to give aid to food banks and food pantries from across the United States, [6] to reduce a $1.2 billion [7] cheese surplus that had been at its highest level in thirty years, and to stabilize farm ...
The Emergency Food Assistance Program (TEFAP) is a program that evolved out of surplus commodity donation efforts begun by the USDA in late 1981 to dispose of surplus foods (especially cheese) held by the Commodity Credit Corporation (CCC). This program was explicitly authorized by the Congress in 1983 when funding was provided to assist states ...
The blue stamps could be redeemed only for food the government determined to be surplus. Wikimedia Commons Public Domain ... The 2008 Farm Bill ended the Food Stamp Program that had existed for 70 ...
The program was established as a way to prop up food prices by absorbing farm surpluses, while at the same time providing food to school-age children. [2] It was named after Richard Russell Jr., signed into law by President Harry S. Truman in 1946, [3] and entered the federal government into schools' dietary programs on June 4, 1946. [1]
On this day in economic and business history... President Bill Clinton announced the first balanced federal budget in a generation on Sept. 30, 1998. In a speech at the White House, Clinton hailed ...
Prices in restaurants are rising across the spectrum, from top-notch eateries to fast food chain Wendy's, which has raised the price of its quarter pound burger by 4-8 cents in the past year.
Food rescued from being thrown away. Food rescue, also called food recovery, food salvage or surplus food redistribution, is the practice of gleaning edible food that would otherwise go to waste from places such as farms, produce markets, grocery stores, restaurants, or dining facilities and distributing it to local emergency food programs.