Agricultural commodities (1 - 10 of 107 items)
International Food Assistance: Funding Development Projects through the Purchase, Shipment, and Sale of U.S. Commodities Is Inefficient and Can Cause Adverse Market Impacts
GAO-11-636: Published: Jun 23, 2011. Publicly Released: Jun 23, 2011.
Since the Food Security Act of 1985, Congress has authorized monetization--the sale of U.S. food aid commodities in developing countries to fund development. In fiscal year 2010, more than $300 million was used to procure and ship 540,000 metric tons of commodities to be monetized by the U.S. Agency for International Development and the U.S. Department of Agriculture. Through analysis of agency da...
Foreign Assistance: Multiple Challenges Hinder the Efficiency and Effectiveness of U.S. Food Aid
GAO-08-83T: Published: Oct 2, 2007. Publicly Released: Oct 2, 2007.
The United States is the largest global food aid donor, accounting for over half of all food aid supplies to alleviate hunger and support development. Since 2002, Congress has appropriated an average of $2 billion per year for U.S. food aid programs, which delivered an average of 4 million metric tons of food commodities per year. Despite growing demand for food aid, rising business and transporta...
Foreign Assistance: U.S. Agencies Face Challenges to Improving the Efficiency and Effectiveness of Food Aid
GAO-07-616T: Published: Mar 21, 2007. Publicly Released: Mar 21, 2007.
The United States is the largest provider of food aid in the world, accounting for over half of all global food aid supplies intended to alleviate hunger. Since the 2002 reauthorization of the Farm Bill, Congress has appropriated an average of $2 billion per year for U.S. food aid programs, which delivered an average of 4 million metric tons of agricultural commodities per year. Despite growing de...
Farm Program Payments: USDA Needs to Strengthen Regulations and Oversight to Better Ensure Recipients Do Not Circumvent Payment Limitations
GAO-04-407: Published: Apr 30, 2004. Publicly Released: Jun 16, 2004.
Farmers receive about $15 billion annually in federal farm program payments to help produce major commodities, including corn, cotton, rice, and wheat. The Farm Program Payments Integrity Act of 1987 (1987 Act) limits payments to individuals and entities--such as corporations and partnerships-- that are "actively engaged in farming." GAO (1) determined how well USDA's regulations limit payments, (...
Farm Programs: Changes to the Marketing Assistance Loan Program Have Had Little Impact on Payments
GAO-01-964: Published: Sep 28, 2001. Publicly Released: Nov 5, 2001.
Under the Department of Agriculture's (USDA) Marketing Assistance Loan Program, the federal government accepts harvested crops as collateral for interest-bearing loans (marketing assistance loans) that are typically due in nine months. When market prices drop below the loan rate (the loan price per pound or bushel), the government allows farmers to repay the loan at a lower rate and retain ownersh...
Peanut Program: Potential Effects of Proposed Farm Bill on Producers, Consumers, Government, and Peanut Imports and Exports
GAO-01-1135R: Published: Sep 26, 2001. Publicly Released: Sep 26, 2001.
The current federal peanut program, administered by the U.S. Department of Agriculture, is designed to support producers' incomes while ensuring an ample supply of domestically produced peanuts. To achieve these goals, the program controls the domestic supply of peanuts and guarantees producers a minimum price for their crops. This price substantially exceeds the price for peanuts in world markets...
Farm Programs: Information on Recipients of Federal Payments
GAO-01-606: Published: Jun 15, 2001. Publicly Released: Jul 17, 2001.
Payments to farmers under federal farm programs have reached an historic high--over $20 billion in fiscal year 2000. Nearly half of U.S. farms are receiving payments for income or price support purposes and/or for engaging in activities such as land conservation. These payments, in total, made up almost one-half of net farm income in fiscal year 2000. Despite the annual influx of billions of feder...
Department of Agriculture, Commodity Credit Corporation: Agricultural Disaster and Market Assistance
OGC-00-36: Published: Jun 21, 2000. Publicly Released: Jun 21, 2000.
Pursuant to a legislative requirement, GAO reviewed the Commodity Credit Corporation's (CCC) major rule on the distribution of Agricultural Disaster and Market Assistance. GAO noted that: (1) the interim and final rules, in part, implement statutory provisions related to cottonseed market loss, a competitiveness program for extra long staple cotton, warehouse-stored tobacco loss assistance, pastur...
Department of Agriculture, Commodity Credit Corporation: Farm Storage Facility Loan Program
OGC-00-31: Published: May 24, 2000. Publicly Released: May 24, 2000.
Pursuant to a legislative requirement, GAO reviewed the Commodity Credit Corporation's (CCC) new rule on the Farm Storage Facility Loan Program. GAO noted that: (1) the rule implements CCC's Farm Storage Facility Loan Program utilizing authority in the CCC Charter Act; (2) the program will provide financing for producers to build or upgrade farm storage and handling facilities; and (3) CCC complie...
Commodity Credit Corporation: 1998 Single-Year and Multi-Year Crop Loss Disaster Assistance Program
OGC-99-48: Published: May 27, 1999. Publicly Released: May 27, 1999.
Pursuant to a legislative requirement, GAO reviewed the Commodity Credit Corporation's (CCC) new rule on the 1998 Single-Year and Multi-Year Crop Loss Disaster Assistance Program. GAO noted that: (1) the rule sets forth the terms and conditions of the 1998 Single-Year and Multi-Year Crop Loss Disaster Assistance Program; (2) the purpose of the program is to provide payments to eligible producers w...