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TeachMeFinance.com - explain Commodity Distribution Program Commodity Distribution Program The term 'Commodity Distribution Program ' as it applies to the area of agriculture can be defined as ' This program supplies authority for the Secretary of Agriculture to use agricultural surplus removal (Section 32) and Commodity Credit Corporation (CCC) funds to buy commodities for child and elderly nutrition programs. The Secretary is directed to use Section 32 funds not needed for other purposes and CCC funds (if stocks are not available) to buy commodities for donation to maintain the annually programmed level of commodity assistance for Child and Elderly Nutrition programs. The program is authorized through FY2003 under Section 14 of the National School Lunch Act (NSLA)'. Previous 5 Terms: Committed effective dose equivalent (CEDE) Commodity Assistance Program Commodity certificates Commodity Credit Corporation (CCC) Commodity distribution Next 5 Terms: Commodity Distribution Reform Act and WIC Amendments of 1987 Commodity exchange Commodity Exchange Authority Commodity Futures Trading Commission (CFTC) Commodity Futures Trading Commission (CFTC) Act of 1974 About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.