Page 16 - Meat Processors News Today

The Biden Administration announced Monday that they will spend $1 billion of American Rescue Plan funds to expand independent processing capacity.

What he fails to mention coffee is up 7%. of course we know oil and gas is up incredibly as well that would seem to suggest there is something beyond antitrust needed to attack inflation. hey, look, on "fox & friends" we have interviewed small ranchers and farmers who have pointed out that there is a constriction in the supply chain in meat processing. and it has allowed extraordinary power to the meat processors, lets be clear, biden isnt focused on that because its going to help solve inflatio...

Grocery stores, that is the way it works. >> laura: his brain, his brain is ground beef at the point. it is scary. >> i have to say, he has no grasp of this at all. according to the producer price index, laura we have sent the highest index inn a decade. that is across the economy. it is not just meat producers but biden will throw $1 billion of covid relief at bolstering independent meat processors. and then slap them with regulation as if you can antitrust your way out of inflation. that wont ...

>> it was a celebratory night. we were celebrating. >> laura: what were you doing there, cutting a top off of the bottle? >> savoring. i will show you when you visit. now, look biden is targeting in the name of reducing inflation, big meat, the administration says four companies tyson and jbs control 80% of meat packing in. and they have wracked up the record profits according to biden. the president met with independent meat processors along with those cabinet members he could remember. >> im h...

Show the processed product to grocery stores, that is the way it works. >> laura: his brain, his brain is ground beef at the point. it is scary. >> i have to say, he has no grasp of this at all. according to the producer price index, laura we have sent the highest index in a decade. that is across the economy. it is not just meat producers but biden will throw $1 billion of covid relief at bolstering independent meat processors. and then slap them with regulation as if you can antitrust your way...

The Biden Administration announced Monday that they will spend $1 billion of American Rescue Plan funds to expand independent processing capacity.

Meat industries tore into President Biden for his plan to tackle high prices in the grocery store, saying that it is a solution searching for a problem.

The United States will issue new rules and $1 billion in funding this year to support independent meat processors and ranchers as part of a plan to address a lack of “meaningful competition” in the meat sector, President Joe Biden said on Monday. The initiative comes amid rising concerns that a handful of big beef, pork and poultry companies have too much control over the American meat market, allowing them to dictate wholesale and retail pricing to profit at the expense of their suppliers ...

Ohio meat packing facilities currently have a significant backlog, with some places fully booked until 2023. That’s why the Ohio Department of Development, in partnership with the Ohio Department of Agriculture, recently announced new meat processing grants of up to $250,000.

Wearing? that is like -- [laughter] >> it was a celebratory night. we were celebrating. >> laura: what were you doing there, cutting a top off of the bottle questioning >> savoring. i will show you when you visit. now, look biden is targeting in the name of reducing inflation, big me to, the administration says four companies tyson and gbs control 80% of meat packing in. they have rocked the record profits according to biden. the president met with independent meat processors along with those ca...