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USDA unveils plan to help build small meat processing plants
DAVID PITT, Associated Press
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1of3U.S. Secretary of Agriculture Tom Vilsack, at podium, speaks alongside Rep. Cindy Axne, D-3rd, left, inside Rustic Cuts Friday, July 9, 2021 in Council Bluffs, Iowa. U.S. Agriculture Secretary Tom Vilsack announced his plan to spend $500 million to encourage the construction of smaller meat processing plants located closer to farmers who raise chickens, pigs and cows with the goal of diversifying an industry now consolidated among a few large processors. (Joe Shearer/The Daily Nonpareil via AP)Joe Shearer/APShow MoreShow Less
2of3U.S. Secretary of Agriculture Tom Vilsack, right, checks out the meat counter at Rustic Cuts with co-owner Jake Driver, left, on Friday, July 9, 2021 in Council Bluffs, Iowa. U.S. Agriculture Secretary Tom Vilsack announces his plan to spend $500 million to encourage the construction of smaller meat processing plants located
Des Moines Register
President Joe Biden on Friday directed his administration to investigate agricultural consolidation, saying it s resulted in farmers paying too much for seed, tractors and fertilizer and in consumers paying too much in grocery stores.
Concentrated ownership in agricultural markets means farmers’ and ranchers’ share of each dollar spent on food has been declining for decades, while at the same time consumers are paying more, and the big conglomerates in the middle are taking the difference, the White House said in a fact sheet about a new executive order Friday. Big ag is putting a squeeze on farmers. Small and family farms, first-time farmers like veterans coming home and Black and Latino and Indigenous farmers they re seeing price hikes for seed, lopsided contracts, shrinking profits, and growing debt, Biden, a Democrat, said as he signed the order.
7/9/2021
By Tom Polansek
CHICAGO, July 9 (Reuters) - The U.S. government will invest
at least $500 million to expand beef, pork and poultry
processing capacity, Agriculture Secretary Tom Vilsack said on
Friday, after consumers faced limits on meat purchases during
the COVID-19 pandemic last year.
The money from a $1.9 trillion pandemic relief package
approved in March will be awarded to meat processors in grants
and loans to make the supply chain more resilient and increase
competition in the sector, Vilsack said at a news conference in
Council Bluffs, Iowa.
President Joe Biden signed a sweeping executive order that
pushes the U.S. Department of Agriculture to crack down on
By Syndicated Content
By Tom Polansek
CHICAGO (Reuters) â The U.S. government will invest at least $500 million to expand beef, pork and poultry processing capacity, Agriculture Secretary Tom Vilsack said on Friday, after consumers faced limits on meat purchases during the COVID-19 pandemic last year.
The money from a $1.9 trillion pandemic relief package approved in March will be awarded to meat processors in grants and loans to make the supply chain more resilient and increase competition in the sector, Vilsack said at a news conference in Council Bluffs, Iowa.
President Joe Biden signed a sweeping executive order that pushes the U.S. Department of Agriculture to crack down on âabusive practices of some meat processorsâ and promote more competition in the U.S. economy.