$6.6 Million Grant From John Deere will Help Feed Americans Facing Hunger
Deere & Company (NYSE:DE) announced a $6.6 million three-year unrestricted funding commitment to Feeding America to combat hunger in the United States. The grant aims to address food insecurity affecting over 47 million Americans, including 14 million children. Deere also supports The Farmlink Project, which recently redirected 15 million pounds of surplus apples from farms to food banks. This initiative marks over 40 years of Deere's commitment to food banks, which began during the 1980s farm crisis. The company's broader strategy includes partnerships with the Global Food Banking Network, One Acre Fund, Nature Conservancy, and World Food Program USA.
Deere & Company (NYSE:DE) ha annunciato un impegno di finanziamento non vincolato di 6,6 milioni di dollari per tre anni a Feeding America per combattere la fame negli Stati Uniti. Il contributo mira a affrontare l'insicurezza alimentare che colpisce oltre 47 milioni di americani, inclusi 14 milioni di bambini. Deere supporta anche il Farmlink Project, che ha recentemente reindirizzato 15 milioni di libbre di mele in surplus dalle fattorie alle banche alimentari. Questa iniziativa segna oltre 40 anni di impegno di Deere verso le banche alimentari, iniziato durante la crisi agricola degli anni '80. La strategia più ampia dell'azienda include collaborazioni con il Global Food Banking Network, One Acre Fund, Nature Conservancy e il World Food Program USA.
Deere & Company (NYSE:DE) anunció un compromiso de financiamiento no restringido de 6.6 millones de dólares durante tres años a Feeding America para combatir el hambre en Estados Unidos. La subvención tiene como objetivo abordar la inseguridad alimentaria que afecta a más de 47 millones de estadounidenses, incluidos 14 millones de niños. Deere también apoya el Proyecto Farmlink, que recientemente redirigió 15 millones de libras de manzanas en exceso de las granjas a los bancos de alimentos. Esta iniciativa marca más de 40 años de compromiso de Deere con los bancos de alimentos, que comenzó durante la crisis agrícola de la década de 1980. La estrategia más amplia de la compañía incluye asociaciones con la Red Global de Bancos de Alimentos, One Acre Fund, Nature Conservancy y el Programa Mundial de Alimentos de EE. UU.
Deere & Company (NYSE:DE)는 미국 내 기아 문제를 해결하기 위해 Feeding America에 660만 달러의 3년 무제한 자금 지원을 약속했습니다. 이 보조금은 4700만 명 이상의 미국인, 그중 1400만 명의 어린이에게 영향을 미치는 식량 불안을 해결하는 것을 목표로 하고 있습니다. Deere는 또한 최근에 농장에서 음식 은행으로 잉여 사과 1500만 파운드를 재배치한 The Farmlink Project를 지원하고 있습니다. 이 이니셔티브는 1980년대 농업 위기 동안 시작된 식품 은행에 대한 Deere의 40년 이상의 헌신을 기념합니다. 회사의 폭넓은 전략은 Global Food Banking Network, One Acre Fund, Nature Conservancy 및 World Food Program USA와의 파트너십을 포함합니다.
Deere & Company (NYSE:DE) a annoncé un engagement de financement sans restriction de 6,6 millions de dollars sur trois ans envers Feeding America pour lutter contre la faim aux États-Unis. Cette subvention vise à traiter l'insécurité alimentaire affectant plus de 47 millions d'Américains, dont 14 millions d'enfants. Deere soutient également The Farmlink Project, qui a récemment redirigé 15 millions de livres de pommes excédentaires des fermes vers les banques alimentaires. Cette initiative marque plus de 40 ans d'engagement de Deere envers les banques alimentaires, amorcé lors de la crise agricole des années 1980. La stratégie plus large de l'entreprise comprend des partenariats avec le Global Food Banking Network, le One Acre Fund, le Nature Conservancy et le World Food Program USA.
Deere & Company (NYSE:DE) hat ein unbefristetes Finanzierungsengagement von 6,6 Millionen Dollar über drei Jahre an Feeding America angekündigt, um Hunger in den Vereinigten Staaten zu bekämpfen. Der Zuschuss zielt darauf ab, die Ernährungssicherheit zu verbessern, die über 47 Millionen Amerikaner, darunter 14 Millionen Kinder, betrifft. Deere unterstützt auch das Farmlink Project, das kürzlich 15 Millionen Pfund überschüssiger Äpfel von Farmen zu Tafeln umgeleitet hat. Diese Initiative markiert über 40 Jahre von Deeres Engagement für Tafeln, das in der Agrarkrise der 1980er Jahre begann. Die umfassendere Strategie des Unternehmens umfasst Partnerschaften mit dem Global Food Banking Network, One Acre Fund, Nature Conservancy und dem World Food Program USA.
- Commitment of $6.6 million in unrestricted funding over three years to combat hunger
- Strategic partnership with Farmlink Project successfully redirected 15 million pounds of surplus food
- Long-term commitment demonstrated through 40+ years of food bank support
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Insights
The
The partnership with Feeding America and The Farmlink Project demonstrates strategic thinking in addressing food waste while supporting their core customer base - farmers. This could indirectly benefit Deere by strengthening relationships with agricultural customers and enhancing their brand reputation in the farming community.
This initiative positions Deere strategically in the broader agricultural ecosystem, addressing the critical disconnect between food surplus at farms and food insecurity in communities. The company's support of innovative solutions like The Farmlink Project's 15-million-pound apple rescue demonstrates practical application of their commitment to agricultural efficiency.
The 40-year track record of supporting food banks builds credibility in the ESG space, which is increasingly important to institutional investors. However, the primary value lies in relationship building and brand enhancement rather than direct financial returns. This type of corporate social responsibility initiative typically yields long-term reputational benefits rather than immediate market impact.
With tens of millions of dollars invested over the last 40 years, John Deere is improving customers' livelihoods while addressing hunger
Hunger is solvable
More than 47 million Americans, including nearly 14 million children, face hunger each year. At the same time, farmers grow enough food to feed everyone in the country. Some farmers are even burdened with excess crops that, if not left for waste (as
"With John Deere's support, the Feeding America network can extend our reach to help ensure more nutritious food gets to communities where it is needed most," Claire Babineaux-Fontenot, CEO of Feeding America, said. "Their grant will help address complex issues of food access, improving networks that support people experiencing food insecurity and strengthen communities and the farmers who sustain them."
Supporting a record-breaking, innovative approach to solving hunger
In addition to partnering with Feeding America, John Deere supports The Farmlink Project, a nonprofit organization that confronts one of the biggest challenges in our food system: getting surplus food from farms directly to communities in need. This fall, Farmlink completed a record-breaking food rescue event, redirecting over 15 million pounds of surplus apples from
"Supporting important initiatives like these is part of John Deere's broader efforts to not only strengthen – but ultimately transform – our food system to effectively end hunger," said John May, Chairman and CEO of Deere & Company. "Our commitment to customers extends beyond delivering solutions that help them do more with less; it's about actively engaging in initiatives that enhance customers' livelihoods while tackling hunger in our local communities."
John Deere has supported food banks since they first emerged in the company's home communities during the farm crisis in the 1980s. Today's announcement marks more than 40 years of support and tens of millions of dollars in funding, which also includes working with the Global Food Banking Network, creating opportunities for smallholder farmers through the One Acre Fund and the Nature Conservancy, and supporting the World Food Program
To learn more about Deere's commitment to ensuring food on every table, visit Empowering Communities.
About Deere & Company
Deere & Company (www.JohnDeere.com) is a global leader in the delivery of agricultural, turf, construction, and forestry equipment. We help our customers push the boundaries of what's possible in ways that are more productive and sustainable to help life leap forward. Our technology-enabled products including John Deere Autonomous 8R Tractor, See & Spray™, and E-Power Backhoe are just some of the ways we help meet the world's increasing need for food, shelter, and infrastructure. Deere & Company also provides financial services through John Deere Financial.
For more information on Deere & Company, visit us at www.deere.com/en/news/.
About Feeding America
Feeding America is committed to an America where no one is hungry. We support tens of millions of people who experience food insecurity to get the food and resources they say they need to thrive as part of a nationwide network of food banks, statewide food bank associations, food pantries and meal programs. We also invest in innovative solutions to increase equitable access to nutritious food, advocate for legislation that improves food security and work to address factors that impact food security, such as health, cost of living and employment.
We partner with people experiencing food insecurity, policymakers, organizations, and supporters, united with them in a movement to end hunger. Visit FeedingAmerica.org to learn more.
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SOURCE John Deere Company
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