WASHINGTON – The US Department of Agriculture followed President Biden’s executive order directing a “whole of government” response to competition issues across a range of industries with an announcement of a $500 million investment toward expanding US meat processing capacity.
The USDA intends to invest $500 million in American Rescue Plan funds to expand meat and poultry processing capacity. The agency also announced more than $150 million for existing small and very small processing facilities to help them weather COVID, compete in the marketplace and reach more customers.
The USDA plans to “revitalize” the Packers and Stockyards Act, issue new rules on “Product of USA” labels and develop plans to expand farmers’ access to new markets.
“The COVID-19 pandemic led to massive disruption for growers, food workers, and consumers alike,” said Agriculture Secretary Tom Vilsack. “It exposed a food system that was rigid, consolidated, and fragile. Meanwhile, those growing, processing and preparing our food are earning less each year in a system that rewards size over all else. To shift the balance of power back to the people, the USDA will invest in building more, better, and fairer markets for producers and consumers alike. The investments the USDA will make in expanding meat and poultry capacity, along with restoration of the Packers and Stockyards Act, will begin to level the playing field for farmers and ranchers.
“This is a once-in-a-generation…
