USDA invests $466.5 million in global agricultural development projects

The US Department of Agriculture will provide $466.5 million to strengthen global food security through its two premier international development programs, Agriculture Secretary Tom Vilsack announced on Tuesday at the Clinton Global Initiative 2024 annual meeting.

For the McGovern-Dole International Food for Education and Child Nutrition Program, USDA is allocating $248 million in fiscal year 2024 funds to support projects in nine countries that will provide critical school meals and boost literacy and primary education, especially for girls. Through Food for Progress, USDA will provide $218.5 million to help seven countries strengthen their agricultural systems, adopt climate smart technologies, sustainably increase productivity and expand international trade.

“The McGovern-Dole and Food for Progress programs are the embodiment of USDA’s multi-faceted approach to combatting hunger and poverty and addressing the effects of the climate crisis worldwide,” Vilsack said. “Teaming up with both private- and public-sector partners, we’re not only providing direct food assistance, but also fostering sustainable agricultural productivity growth, promoting climate-smart agriculture and enhancing developing countries’ ability to engage in trade, which is critical to food security.”

Under both programs, USDA purchases US-grown commodities and provides them to implementing organisations, including the United Nations World Food Program. Food for Progress implementing partners sell the commodities locally and use the proceeds to support local development projects. McGovern-Dole partners use the commodities directly in school feeding programs. Of this year’s $248 million McGovern-Dole allocation, $24 million will be used to support local and regional procurement of commodities to supplement the donated US commodities, consistent with the provisions of the 2018 Farm Bill.

Through the McGovern-Dole Program, the United States is the largest donor to global school feeding programs. This year, USDA will provide more than 37,000 metric tons of U.S. commodities to support projects in Angola, Bangladesh, El Salvador, Ethiopia, Guatemala, Guinea-Bissau, Laos, Malawi and Rwanda, benefitting approximately 1.2 million children and their family members in more than 2,800 pre-primary and primary schools.

The Food for Progress projects funded this year will utilize 315,000 metric tons of U.S. commodities and ultimately benefit nearly 200,000 farmers in Benin, Cambodia, Madagascar, Rwanda, Sri Lanka, Tanzania and Tunisia and will focus on priority topics including climate-smart agriculture, food security, sanitary and phytosanitary standards, access to capital and trade facilitation.

For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.

It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.

You are welcome to get a 7-day free demo access!!!

Tags: USDA, hunger, food security, poverty, United Nations World Food Program, McGovern-Dole International Food for Education and Child Nutrition Program