the US Agriculture Policy

CARE Turns Down Federal Funds for Food Aid An interesting development, and CARE risks much with it. They traditionally employed monetised food aid but have been debating the damage such a system facilitates to the markets (people) which they are specifically trying to help. Essentially, subsidised US farm products (already controversial by its own right) are shipped from the US on American lines, sold by NGOs, the profits of which are used to fund their aid operations. Because aid organisations are not commodities experts, that profit margin is also impacted. This event is interesting on many levels. It highlights the incredible role of food aid in politics, as leverage, as a weapon, to control the markets. Aid is no longer tied as a … [Read more...]