Daybreak Jan. 4: Vilsack pledges careful use of industry funding | 2022-01-04

0
148

The Biden administration is moving ahead with its plan to finance new meat processing capacity. Ag Secretary Tom Vilsack tells Agri-Pulse that USDA will be careful to provide support for a range of plant sizes and ensure that the facilities are located where they are needed.

“We’re not going to just fund every application,” Vilsack said. “There’s going to be the need to show the viability of it, to show the market opportunity, all of that.”

Some $150 million is being provided to an estimated 15 projects this spring, and another $225 million will be rolled out in summer 2022, the White House said Monday in announcing the administration’s latest plan to address packer concentration. 

Subsidies can make farming greener, but run afoul of WTO

The billions of dollars that the Biden administration wants to pour into climate-smart farming practices could put the U.S. in conflict with…

Read more…

LEAVE A REPLY

Please enter your comment!
Please enter your name here