USA

US invests in projects to strengthen the nation’s meat supply chain

U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced the Biden-Harris Administration is investing $9.6 million across the country and taking several other steps to help farmers, ranchers, processors and rural businesses diversify the nation’s meat supply.

Posted on Jan 11 ,04:26

US invests in projects to strengthen the nation’s meat supply chain

"USDA is putting the needs of farmers, ranchers and consumers at the forefront of the Biden-Harris Administration’s work to strengthen the resiliency of America’s food supply chain while promoting competition,” Vilsack said. “USDA has undertaken a Department-wide approach to coordinate ways to deliver more opportunities and fairer prices for producers, to give people access to healthier foods, eliminate bottlenecks in the food supply chain and ultimately lower prices for consumers."

Secretary Vilsack announced 25 new investments to increase independent meat processing capacity.

The Department is awarding 23 Value Added Producer Grant program grants totaling $3.9 million to help producer-owned companies process and market new products. USDA is also providing guarantees for a total of $5.7 million in loans to two companies through the Food Supply Chain Guaranteed Loan Program using American Rescue Plan funding. This program supports new investments in infrastructure for food aggregation, processing, manufacturing, storage, transportation, wholesaling and distribution.

Through these two programs, USDA is investing in 25 projects in California, Illinois, Iowa, Kansas, Kentucky, Maine, Montana, Nebraska, New York, Ohio, Oklahoma, Texas, Virginia, Washington and Wisconsin.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

AUSTRALIA

MLA: Australian cattle herd in official destock

The data, analysed by Meat & Livestock Australia (MLA), shows that the last quarter was the l...


Read more Read more
BRAZIL

JBS Fund and Basa sign agreement for credit to small producers in Pará

The partnership aims to facilitate access to Pronaf Mais Alimentos credit for 1,500 family farmer...


Read more Read more
UK

UK: NPA welcomes confirmation of 12-month EUDR delay

The European Commission proposed the delay in early October in response to concerns raised by mem...


Read more Read more
Websolutions by Angular Software and SpiderClass