As the World Food Prize program is getting underway in Des Moines, Iowa, Monsanto is announcing the details of the commitment to help fight rural hunger by partnering with the Howard G. Buffett Foundation, Feeding America and Archer Daniels Midland Company (ADM). The program is called Invest an Acre, the first effort of its kind to mobilize farmers, agri-business and a nonprofit on a national scale to support rural hunger relief in America.
Through the program, participating farmers can go to an ADM elevator to invest a portion of the proceeds from their harvest to support their local food bank connected with Feeding America.
Monsanto will support Invest an Acre through a $3 million contribution, in which the company will match the contributions of U.S. farmers, dollar for dollar.
Even though America’s farmers are among the most productive in the world, hunger is still a significant problem in America. Nearly 15 percent of all rural households are regularly without food – about 3 million households in the very communities where much of the world’s food supply is raised. In addition, one out of every six people goes hungry regularly in the United States.
In addition to the $3 million company commitment, Monsanto employees around the country are volunteering at their local food pantry during November and February. More than 70 Monsanto sites have pledged to volunteer at local food banks and assist their communities in feeding the hungry.
Monsanto is the first seed company to join the program and match the contributions of U.S. farmers who are working to fight hunger in their own communities.
In keeping with the company’s commitment to sustainable agriculture and improving lives,
Monsanto is a consistent supporter of America’s farmers and addressing the nation’s hunger problem:
- For the past three years, the company has held dedicated food drives to support area food banks during the Farm Progress and Husker Harvest Day shows. These food drives have generated approximately 80,000 pounds of food for families in need.
- Through Monsanto’s America’s Farmers Grow Communities program, Monsanto has provided farmer recipients with more than $300,000 that has gone towards more than 120 food banks and food pantries within rural communities. You can find out more about Monsanto’s commitment to fighting rural hunger at Monsanto’s Invest an Acre page.
For more information, please see the announcement at Monsanto.com.
Related: Supporting Invest An Acre