The Provisioner
USDA announces $5B loan-guarantee program for meat, poultry, seafood processing
Processors can use eligible financing for facilities, machinery, equipment, infrastructure and technologies that support worker or food safety.
Meat Signal
This $5 billion USDA loan-guarantee program can lower processing costs for meat and poultry by enabling investment in infrastructure and technology, potentially leading to more stable wholesale prices for boxed beef and lean hogs in the long term. You should explore how your key suppliers might leverage these funds to improve efficiency and negotiate contracts that reflect these potential cost savings as they become available.
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