US invests $500 M for expanded meat & poultry processing capacity

us-invests-500-m-for-expanded-meat-poultry-processing-capacity
image credit- shutterstock

The new effort will strengthen the food system and create new market opportunities

United States Department of Agriculture (USDA) has announced that it intends to make significant investments to expand processing capacity and increase competition in meat and poultry processing to make agricultural markets more accessible, fair, competitive, and resilient for American farmers and ranchers.

USDA has announced its intent to invest $500 million in American Rescue Plan funds to expand meat and poultry processing capacity so that farmers, ranchers, and consumers have more choices in the marketplace.

USDA has also announced more than $150 million for existing small and very small processing facilities to help them weather COVID-19, compete in the marketplace and get the support they need to reach more customers. USDA is also holding meatpackers accountable by revitalizing the Packers and Stockyards Act, issuing new rules on “Product of USA” labels, and developing plans to expand farmers’ access to new markets.

The new effort will strengthen the food system, create new market opportunities, tackle the climate crisis, help communities that have been left behind, and support good-paying jobs throughout the supply chain. A transformed food system will provide producers with a greater share of the food dollar and make agriculture a more compelling career. It will also improve nutrition and the health status of Americans, reducing the costs of healthcare and diet-related diseases. 

Read Previous

India extends footprint of mango exports to newer countries

Read Next

BOHECO introduces hemp-based immunity boosters

Leave a Reply