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Entitlement Commodities
In United States agricultural law, Commodity Assistance Program is term used by appropriators to refer to a variety of domestic programs receiving food in the form of USDA supplied commodities. The term was formalized for the first time in FY1996 appropriations law (P.L. 104-37, October 21, 1995) to refer to the consolidation for funding purposes of three commodity donation programs that are authorized under two separate statutes: the Emergency Food Assistance Program (EFAP), Soup Kitchen-Food Bank Program, and the Commodity Supplemental Food Program (CSFP). Entitlement commodities are food commodities purchased by the United States Department of Agriculture, USDA for the purpose of meeting legislatively specified rates of commodity assistance for various food assistance programs (e.g., School meal, school lunches). These commodities may be in government holdings as a result of Agriculture, agricultural surplus removal or price support activities carried out under a variety of a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodity Donation Program
In economics, a commodity is an economic goods, good, usually a resource, that specifically has full or substantial fungibility: that is, the Market (economics), market treats instances of the good as equivalent or nearly so with no regard to who Production (economics), produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot market, spot and derivative (finance), derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand, brand name) other than price. Most commodities are raw materials, basic resources, agriculture, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemical substance, chemicals and computer memory. Popular commodities include Petroleum, crude ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
