The USDA or United States Department of Agriculture is a federal government program responsible for the management of food, agriculture, natural resources, rural development, and nutrition. Many Americans know the program for overseeing food safety. The USDA was founded in 1862, a time when 50% of Americans lived on farms.
In addition to food safety, the USDA is broad-reaching and provides services in the following areas:
- Hi-speed Internet access to rural areas - Disaster assistance to farmers, ranchers, and rural residents - Soil, water, and other natural resource conservation to landowners - Wildfire prevention - Agricultural research and statistics - Nutrition in foods
It is also responsible for welfare programs such as food assistance for women, infants and children (WIC), and food stamps.
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Hypothetical example(s) are for illustrative purposes only and are not intended to represent the past or future performance of any specific investment.
Investing in alternative assets involves higher risks than traditional investments and is suitable only for sophisticated investors. Alternative investments are often sold by prospectus that discloses all risks, fees, and expenses. They are not tax efficient and an investor should consult with his/her tax advisor prior to investing. Alternative investments have higher fees than traditional investments and they may also be highly leveraged and engage in speculative investment techniques, which can magnify the potential for investment loss or gain and should not be deemed a complete investment program. The value of the investment may fall as well as rise and investors may get back less than they invested.
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