Food Security Wheat Reserve

The Food Security Wheat Reserve (FSWR) is a reserve of up to 4 million metric tons of wheat held by the United States for use in meeting emergency food needs in developing countries, established by Title III of the Agricultural Act of 1980 (P.L. 96-494). This reserve generally was to be used to meet famine or other urgent or extraordinary relief requirements during periods of tight supplies and high prices when commodities are not available under the provisions of P.L. 480. The FSWR was replaced by the Food Security Commodity Reserve under the 1996 farm bill (P.L. 104-127, Sec. 225), which has since been renamed the Bill Emerson Humanitarian Trust. The 2002 farm bill (P.L. 107-171, Sec. 3202) extended the Trust through 2007.

References

 This article incorporates public domain material from the Congressional Research Service document "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition" by Jasper Womach.

This article is issued from Wikipedia - version of the Sunday, April 17, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.