Warren Buffett’s son Howard, who is a Decatur, IL farmer, recently announced the Invest an Acre partnership with Feeding America, and Archer Midland Company.
The partner ship between the Howard G. Buffett Foundation, Feeding America and the Archer Daniels Midland Company (ADM) engages U.S. farmers in helping 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. This is the first effort to mobilize farmers on a national scale to support hunger relief.
While speaking in Decatur Saturday, Howard Buffett also discussed the need for immigration reform, saying the farmers of America are suffering and producing less for the nation due to lack of farm workers as a result of current immigration laws.
“We had over $3 billion worth of food rot in fields last year because it didn’t get picked, and the (American Farm Bureau Federation) estimates that if we keep on this track, it’ll be over $9 billion,” Buffett told the </em>Chicago Tribune</em>.
“Immigration reform doesn’t impact me personally, nothing my foundation works on does,” Buffett said. “But the truth is I have a long history of ties to Latin America. Some of my best friends are in Latin America. As I look at this issue, it is personal in a way because I care about the people in that part of the world. … Our biggest single focus is agriculture for small, poor farmers.”