POST Online Media Lite Edition



 

Biden-Harris administration’s Action Plan for more competitive meat and poultry supply chain

Christian Fernsby |
The Biden-Harris administration’s Action Plan for a fairer, more competitive, and more resilient meat and poultry supply chain includes four core strategies for creating a more competitive, fair, resilient meat and poultry sector, with better earnings for producers and more choices and affordable prices for consumers.

Article continues below




The Biden-Harris Administration will dedicate $1 billion in American Rescue Plan funds for expansion of independent processing capacity.

USDA identified an urgent need to:

Expand and diversify meat and poultry processing capacity;

Increase producer income;

Provide producers an opportunity to have ownership in processing facilities;

Create stable, well-paying jobs in rural regions;

Raise the bar on worker health, safety, training, and wages for meatpacking

obs; Spur collaboration among producers and workers;

Prompt state, tribal, and private co-investment;

nd Provide consumers with more choices.

To these ends, USDA has increased available funding and is releasing new program details to support the meat and poultry supply chain. Specifically, the Biden-Harris Administration will:

Increase competition and create more options for producers and consumers in the near-term by jump-starting independent processing projects that will increase competition and enhance the resiliency of the food supply chain.

USDA will provide gap financing grants totaling up to $375 million for independent processing plant projects that fill a demonstrated need for more diversified processing capacity.

USDA will publish a Request for Proposals for Phase I of this initiative this Spring. Phase I will invest approximately $150 million to jump-start an estimated 15 projects, focused on deploying financial support for projects with the greatest near-term impact.

USDA will deploy an additional $225 million to support additional projects in Phase II, which will open in Summer 2022. USDA will also ensure these funds truly expand capacity outside the largest meat and poultry processors, funding only independent operations.

USDA will work with lenders to make more capital available to independent processors that need credit. To address the credit access gap, USDA will deploy up to $275 million in partnership with lenders that will, in turn, provide loans and other support to businesses at rates and on terms that increase access to long-term, affordable capital.

USDA will solicit applications from potential partners by Summer 2022, with an initial focus on lenders that provide financing in underserved communities.

From cold storage to specialized equipment, building a more distributed and resilient food system requires independent producers to have access to food processing and distribution infrastructure that enables them to move their product throughout the supply chain.

To assist in the financing of this infrastructure, USDA has deployed $100 million in American Rescue Plan funds, to make more than $1 billion in guaranteed loans available immediately.

Applications for these guaranteed loans will be accepted until funds are expended.

USDA will dedicate $100 million to support development of a well-trained workforce, safe workplaces, and good-paying, quality jobs by working closely with partner organizations, including labor unions, with expertise in workforce development and worker health and safety.

USDA will invest an estimated $50 million in technical assistance and research and development to help independent business owners, entrepreneurs, producers, and other groups, such as cooperatives and worker associations, create new capacity or expand existing capacity.

With bipartisan support in Congress, USDA is reducing the financial burden of overtime and holiday inspection fees for small and very small poultry, meat, and egg processing plants, by 30 percent and 75 percent respectively, which provide farmers and ranchers with local alternatives to process livestock and poultry.

USDA has made $32 million in grants to 167 existing meat and poultry processing facilities to help them reach more customers by becoming Federally inspected through the Meat and Poultry Inspection Readiness Grants Program.

With this grant funding, meat and poultry processing businesses can cover the costs for improvements, such as expanding existing facilities, modernizing processing equipment, and meeting packaging, labeling, and food safety requirements needed to achieve a Federal Grant of Inspection under the Federal Meat Inspection Act or the Poultry Products Inspection Act, or to operate under a state’s Cooperative Interstate Shipment program.


What to read next

Hong Kong suspends import of poultry products from areas in UK, Germany, Korea, Poland
Netherlands EU's largest meat exporter
Japan temporary suspends imports of live poultry, poultry product from France, Germany

U.S.: Strong storm for west and southwest, heavy snow for Northern Plains and upper midwest

 
A very strong low pressure system currently just offshore of San Francisco Bay will continue to bring high winds, heavy rain, and heavy mountain snow for California and adjacent areas of the Southwest through tonight and Wednesday as the latest in a series of atmospheric rivers impacts the West.
 
 

Latest

Magnitude 5.9 earthquake strikes Valparaiso
Perrigo recalls Gerber Good instant formula in U.S.
City of Chicago announces Community Growers Program
Xi, Putin discuss ramping up supplies of Russian gas

NEWS

Extensive raid underway in Slovenia and Bosnia and Herzegovina on suspicion of money laundering

Strong earthquake hits Afghanistan, felt from Kabul to Tajikistan
5-day quarantine for COVID-19 patients in Slovakia no longer mandatory
China seeking answers a year after fatal plane crash
Ecuador president declares state of emergency following earthquake
Venezuela’s oil minister resigns amid corruption probe
 

BUSINESS

Generic pharmaceuticals market expected to reach $682.9 billion

Drug discovery services market worth $41.3 billion
Moldova resumes using Russian gas
Ukraine to ship 30,000 tonnes of wheat to Yemen, Ethiopia each
Syria earthquakes caused $5.2 billion in damage, 5.5% GDP contraction
Donors’ pledge €7 billion in support of people in Türkiye and Syria
 

Trending Now

Perrigo recalls Gerber Good instant formula in U.S.

U.S.: Strong storm for west and southwest, heavy snow for Northern Plains and upper midwest

Saudi Aramco, DHL sign agreement on new procurement, logistics hub

City of Chicago announces Community Growers Program


POLITICS

California Governor visits Lithium Valley

Czech delegation heads to Taiwan, hopes for chip investments
India to spend $12 billion on airports
New York: March 18-19, 25-26 declared as Maple Weekends
Malaysia postpones foreign worker quota approval, application
Minnesota to provide free school meals to all kids
 

Today We Recommend

Shortage of nurses should be treated as global health emergency


Highlights 

Generic pharmaceuticals market expected to reach $682.9 billion

Drug discovery services market worth $41.3 billion

Foot Locker Q4 income decreased


COMPANIES

Schneider Electric breaks ground on its fifth plant in Hungary, will create hundreds of new jobs

Amazon to lay off 9,000 more employees
Volvo to close Europe bus body plant
CF Industries to purchase Waggaman ammonia production facility in U.S.
Cyber incident in Ferrari
Saudi Aramco, DHL sign agreement on new procurement, logistics hub
 

CAREERS

Vanda Pharmaceuticals appoints Tage Honoré to board

Akhona Qengqe to become KFC Africa’s new general manager
Marlabs appoints Usha Jamadagni as chief delivery officer
Rolls-Royce announces new leadership for Africa
AIG director William G. Jurgensen to retire
Ball Corporation promotes Daniel W. Fisher to chairman
 

ECONOMY

BiH records almost seven percent increase of exports

Hong Kong exports decreased
South Korea's export falls 17.4 pct for first 20 days of March
Bundesbank: German economy to contract further in Q1
Euro area international trade in goods deficit €30.6 bn
Montana’s unemployment rate hits all-time low
 

EARNINGS

Foot Locker Q4 income decreased

FedEx Q3 profit decreases
Revlon Q4 sales $589.8 million
Eastman Kodak Q4 revenues $305 million
Williams-Sonoma Q4 revenue declined 0.6%
G-III Apparel Q3 sales increased 14.2%
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Türkiye's agricultural sector suffers 1.3 bln loss due to earthquake

Hong Kong suspends import of poultry meat and products from Gribskov Municipality, Denmark
South Korea reports African swine fever case
Taiwan reports first domestic H9N2 avian influenza case
Industry will allocate some $327,000 to assist producers affected by drought in Uruguay
Hardly fewer dairy cows, but smaller pig herd in Netherlands in 2022
 

LEADERSHIP

Success of working from home depends on company health

Consumers less likely to support brands with unconventional spellings
HR practices have both positive and negative effects on employee mental health
CEO education is no guarantee of stock market success
How remote work affects managers
Incoming CEO's political views may drive director departure in firm
 

CRIME

Poland: UOKIK fines Merida Polska $573,000

SEC charges DXC Technology for misleading non-GAAP disclosures
Investigation leads to takedown of darknet cryptocurrency mixer that processed over $3b of unlawful transactions
Chicago reaches $23.8m settlement agreement with e-cigarette maker Juul Labs
SEC charges Blackbaud for misleading disclosures about ransomware attack that impacted charitable donors
Former Goldman Sachs investment banker sentenced in $2.7b bribery and money laundering scheme
 

Magazine

TRAVEL

Five day street food festival in Mangaluru brings Indian food to city

Qatar International Food Festival is back
Me Auld Flower food and drink festival coming to Dublin for St Patrick's Day weekend
Ten days of Winter Festival, a time travel back to end of 18th century Norway
Strong Beer Fest in Munich invites visitors to taste potent brews
Food world gathers for Melbourne Food and Wine Festival this March
 

SEA, LAND, AIR

First GMC Sierra EV, power source on wheels

Ford Puma ST Powershift, most powerful 1.0‑litre EcoBoost engine
Toyota launches new Prius PHEV in Japan
Ariel Atom, serious motor sport or ultimate fun
ABT XNH, camper for those who want to expand their horizons
Lamborghini Invencible and Autentica, farewell to V12
 

DESIGN

Juliska tableware, collections for every occasion

Wool coats, a timeless fashion investment
Venetto bedding, creating a beautiful bedroom space
Bed headboards, sleep like a king
Great rugs for generations responsibly made
Curved sofas, elegant and gentle
 

GADGETS

New Cherry microphones for professional sound quality

Mobile Fidelity UltraDeck turntable, extreme pursuit of highest level of reproduction
Nokia G22, good smartphone you can fix yourself
NAD C 3050 LE amplifier, a classic reinvented
Asus Zenbook S 13 OLED, ultralighta and powerful laptop with OLED display
Dynaudio Confidence means pure performance
 

HEALTH

Shortage of nurses should be treated as global health emergency

WHO accuses China Of withholding data on COVID-19 origins after report about raccoon dogs
Wyoming first U.S. state to outlaw abortion pills
Tanzania launches investigations as strange disease kills 5 people
WHO sees COVID posing similar threat to flu this year
New VEXAS syndrome identified in Portugal
 

MEANTIME

Missouri ordered to reduce pollution levels

Brazilian researchers discover terrifying rocks made up of plastic debris
Glacier found near Mars equator
Neolithic farmers reduced lactose in milk
Webb captures rarely seen prelude to supernova
Arctic climate modeling too conservative