TeachMeFinance.com - explain Commodity Distribution Program
Commodity Distribution Program The term 'Commodity Distribution Program ' as it applies to the area of agriculture can be defined as ' This program supplies authority for the Secretary of Agriculture to use agricultural surplus removal (Section 32) and Commodity Credit Corporation (CCC) funds to buy commodities for child and elderly nutrition programs. The Secretary is directed to use Section 32 funds not needed for other purposes and CCC funds (if stocks are not available) to buy commodities for donation to maintain the annually programmed level of commodity assistance for Child and Elderly Nutrition programs. The program is authorized through FY2003 under Section 14 of the National School Lunch Act (NSLA)'.
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