TeachMeFinance.com - explain Food Security Wheat Reserve (FSWR)
Food Security Wheat Reserve (FSWR) The term 'Food Security Wheat Reserve (FSWR) ' as it applies to the area of agriculture can be defined as ' Title III of the Agriculture Act of 1980 established a reserve of up to 4 million metric tons of wheat for use in meeting emergency food needs in developing countries. 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 FAIR Act of 1996'.
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