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US pledges $500 mln to increase meat processing capacity

US pledges $500 mln to increase meat processing capacity test CHICAGO: The US 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 US Department of Agriculture to crack down on “abusive practices of some meat processors” and promote more competition in the US economy.

UPDATE 1-U.S. pledges $500 mln to increase meat processing capacity

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

U.S. pledges $500 million to increase meat processing capacity

By Syndicated Content By Tom Polansek CHICAGO (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 “abusive practices of some meat processors” and promote more competition in the U.S. economy.

JBS S A : U.S. pledges $500 million to increase meat processing capacity

Message : Required fields CHICAGO (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 abusive practices of some meat processors and promote more competition in the U.S. economy.

U.S. pledges $500 million to increase meat processing capacity - Netscape Money & Business