U.S., Honduras sign ag development agreement 10612

U.S. giving corn and soybean meal to be sold to use proceeds for implementing projects to enhance development and trade.

May 1, 2015

1 Min Read
U.S., Honduras sign ag development agreement

Deputy Agriculture Secretary Krysta Harden and Honduras Secretary of Agriculture and Livestock Jacobo Paz signed an agreement to support agricultural development and trade in Honduras.

Through the Food for Progress Program, the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service will provide the government of Honduras with 30,000 metric tons of U.S. yellow corn and 18,000 tons of U.S. soybean meal, valued at approximately $17 million. The Honduran government will use proceeds from the sale of the commodities to implement projects aimed at improving agricultural productivity, enhancing farmers' access to information and market skills, building government capacity, and strengthening local, regional and international trade in agricultural products.

"The Food for Progress Program is a cornerstone in USDA's efforts to support sustainable agricultural production in developing nations and promote agricultural trade," Harden said. "The Obama administration remains committed to investing in the creation of economic stability and opportunity in Central America. Today's agreement continues USDA's successful partnership with the Honduran government and the private sector under Food for Progress and the McGovern-Dole Food for Education Program. I am proud that our cooperative efforts are building a stronger agricultural sector, creating new opportunities and better lives for the people of Honduras."

The projects supported by this new agreement will focus on the creation of jobs and income opportunities for some of Honduras' most vulnerable citizens. The beneficiaries will include small farmers, as well as small businesses and producer organizations, particularly those that support rural women and youth.

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