0
USDA will commit $500 million of USDA’s Build Back Better Initiative funds through the American Rescue Plan to support new competitive entrants in meat and poultry processing. USDA will provide grants, loans, and technical assistance to address concentration within the meat and poultry sectors and relieve supply chain bottlenecks by supporting new meat and poultry processing facilities. These facilities will create competitive opportunities for producers in local and regional food systems so that farmers and ranchers have access to better choices and fairer prices.
USDA will invest more than $55 million in strengthening existing small and very small meat processing capacity, benefitting smaller producers and processing plants. USDA has made $55.2 million available for Meat and Poultry Inspection Readiness Grants to support expanded meat and poultry slaughter and processing capacity and efficiency while maintaining strong inspection and food safety standards.
USDA will dedicate $100 million to help small and very small processing plants weather the volatility and unexpected costs that COVID imposed. With American Rescue Plan funds, USDA will provide $100 million to reduce the financial burden of overtime inspection fees for small and very small poultry, meat, and egg processing plants, which provide farmers with local alternatives and greater capacity to process livestock.
July 9, 2021/ USDA/ United States.
https://www.usda.gov/
