TeachMeFinance.com - explain Bonus commodities
Bonus commodities The term 'Bonus commodities ' as it applies to the area of agriculture can be defined as ' From the agricultural perspective, these are commodities donated to domestic feeding programs that USDA acquires for unexpected surplus removal reasons or because Commodity Credit Corporation holdings are not needed for other purposes, or are in danger of waste or spoilage. For example, if meat prices fall, USDA may buy beef and donate it to the National School Lunch Program, or if the CCC is holding an excess of cornmeal that is in danger of spoiling, it might donate this to the lunch program. From the food program perspective, these commodities are those donated in addition to the commodities that must be provided under mandatory requirements in food program statutes'.
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