ADM partners in Invest An Acre
April 19, 2012
by Eric Schroeder
CHICAGO — The Howard G. Buffett Foundation, Feeding America and Archer Daniels Midland Co. have established Invest An Acre, a partnership designed to encourage U.S. farmers to help provide food to their neighbors.
Through Invest An Acre, farmers are able to invest the proceeds from one acre or more of their crops in Feeding America to support their local food bank. The groups claim this is the first effort to mobilize farmers on a national scale to support hunger relief.
“Invest An Acre allows farmers to fight hunger in their own communities as only farmers can,” said Howard Buffett. “I applaud Feeding America and ADM for making this possible. This unique partnership brings together the leading hunger relief organization, a global giant in agricultural processing, and U.S. farmers in a way that can significantly reduce hunger.”
Patricia Woertz, chairman and chief executive officer of ADM, added, “The Invest An Acre program will give farmers a way to connect their harvest directly with the hungry in their local communities, and we are happy to work together with Feeding America and the Howard G. Buffett Foundation to make it happen.”
The Howard G. Buffett Foundation is underwriting all Feeding America costs as well as a public awareness campaign. ADM is managing the accounting and transactions with farmers and the local food banks. All of the proceeds from Invest An Acre will go towards helping the hungry in the local community.
To learn more about Invest An Acre, visit www.investanacre.org.