More Investments in Middle Class and Rural America from Biden Administration
As June, 2023 came to a close, the USDA announced that the Biden administration will be making investments totaling hundreds of millions of dollars across 17 states. Most notably, $115M will be invested to aid and assist independent meat processors across the country. As you all might remember, during the peak of the COVID-19 shutdowns we faced a nationwide shortage of meats due to supply chain issues caused by monopolistic concentrations of power among a select few meat processing companies.
For decades, local farmers and processors have sought relief from these monopolies in the form of tearing down infrastructural barriers and breaking of these monopolies to 1) end backlogs of meat processing for small family famers; and 2) end our sole dependence on the “Big 4” meat processors (Cargill, Tyson, JBS and National Beef).
The recent announcement form the USDA is a good first step towards a long awaited trust-busting action and more proof that the Biden administration is focused on building an economy that favors small businesses and the middle class.
Read More Here
https://www.usda.gov/media/press-releases/2023/06/29/biden-harris-administration-partners-agricultural-producers-promote