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The Bill Emerson Humanitarian Trust (BEHT) is a strategic grain reserve held by the United States for the benefit of other countries. It can contain commodities and cash held in trust to supplement food aid made available under programs created by Public Law 480, the Agricultural Trade Development and Assistance Act of 1954.
A strategic grain reserve is a government stockpile of grain for the purpose of meeting future domestic or international needs. In the United States, such programs have included the Farmer-Owned Grain Reserve (1977–1996), Food Security Wheat Reserve (1980–1996), Food Security Commodity Reserve (1996–1998), and most recently the Bill Emerson Humanitarian Trust (1998–).
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The Federal Agriculture Improvement and Reform Act of 1996 (P.L. 104-127), known informally as the Freedom to Farm Act, the FAIR Act, or the 1996 U.S. Farm Bill, was the omnibus 1996 farm bill that, among other provisions, revises and simplifies direct payment programs for crops and eliminates milk price supports through direct government purchases.
The activation of such a strategic reserve due to shortage of generation volume at prices above the variable costs of the generation units can lead to a rise of the average electricity price and therefore spark more investments into the generation capacity sector, the main market purpose of the strategic reserve here consists of securing a ...
He served as an attorney and advisor in the Office of Opinion and Review for the Federal Communications Commission from 1957 to 1958. He served as in-house counsel to the Goldberg Feed & Grain Company in West Fargo from 1959 to 1983. He served as President and CEO of the Goldberg Feed & Grain Company from 1969 to 1983.
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