In a bid to strengthen American food and agriculture supply chains, expand markets for agricultural producers, and lower food costs, the U.S. Department of Agriculture (USDA) has announced investments worth nearly $196 million. This significant investment, unveiled during the inaugural meeting of the White House Council on Supply Chain Resilience, is part of President Biden’s Bidenomics agenda to bolster the economy and enhance national security. By supporting farmers and entrepreneurs across the country, these investments aim to create better economic opportunities, increase competition, and provide consumers with more affordable prices and choices.<\/p>\n
Under President Biden’s Investing in America agenda, the USDA is making investments in 185 projects across 37 states and Puerto Rico. These investments will open up new market opportunities for producers and entrepreneurs, ensuring the growth and sustainability of the agricultural sector. By enhancing independent meat and poultry processing capacity, strengthening local and regional food systems, and expanding domestic fertilizer production, the USDA is committed to increasing competition and lowering costs in the industry.<\/p>\n
One example of these investments is Lone Star Bakery, a third-generation family-owned business in Texas. With a $40 million Food Supply Chain Guaranteed Loan, Lone Star Bakery plans to modernize its facilities in China Grove, enabling it to meet the needs of its current and future customers. The loan will be used to purchase and install new equipment, make property improvements, upgrade technology, and refinance, ultimately supporting the company’s growth and success.<\/p>\n
Merchant’s Garden LLC, a hydroponic and aquaponic farm in Tucson, Arizona, will benefit from a $250,000 Value-Added Producer Grant. This grant will be used to expand marketing and sales of prepackaged salad mixes, allowing the company to become a local supplier of organic leafy greens for southern Arizona. The investment will not only boost Merchant’s Garden’s business but also contribute to the availability of nutritious and locally sourced produce in the region.<\/p>\n
Lot 279, LLC, based in Nebraska, will utilize a Value-Added Producer Grant to process, market, distribute, and advertise their direct-to-consumer beef cattle cuts and shares. This project is expected to increase the company’s revenue by nearly $600,000 annually and expand their customer base by 4,800 people. By empowering Lot 279, LLC, the USDA is supporting the growth of sustainable and locally sourced meat options.<\/p>\n
The Center for EcoTechnology Inc. in Massachusetts has been awarded a $24,355 Rural Business Development Grant. This grant will enable the organization to assist small farmers in the decarbonization of their farmwork through outreach, technical assistance, training, and education. By promoting sustainable practices, the grant will benefit almost 40,000 residents in 25 towns across the Berkshire region.<\/p>\n
The USDA’s investments in agricultural producers and rural entrepreneurs are a testament to the Biden-Harris Administration’s commitment to supporting American farmers and bolstering the nation’s food supply chains. By creating better economic opportunities, increasing competition, and providing consumers with more affordable prices and choices, these investments contribute to the overall resilience and sustainability of the food and agriculture industry. Through continued efforts to transform America’s food system, the USDA aims to build a more equitable and climate-smart future for all.<\/p>\n","protected":false},"excerpt":{"rendered":"
USDA’s investments strengthen food and agriculture supply chains, lower costs, and support American farmers In a bid to strengthen American food and agriculture supply chains, expand markets for agricultural producers, and lower food costs, the U.S. Department of Agriculture (USDA) has announced investments worth nearly $196 million. This significant investment, unveiled during the inaugural meeting […]<\/p>\n","protected":false},"author":2,"featured_media":6816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-6815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture"],"_links":{"self":[{"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/posts\/6815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/comments?post=6815"}],"version-history":[{"count":0,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/posts\/6815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/media\/6816"}],"wp:attachment":[{"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/media?parent=6815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/categories?post=6815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buzz360news.com\/index.php\/wp-json\/wp\/v2\/tags?post=6815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}