On January 3, the Administration announced measures to support independent meat producers faced with a shrinking share of consumer spend.
In 2021, cattle ranchers received 37 cents on every dollar spent on beef, down from over 50% in previous years. By supporting an increase in the number of processing options the Administration aims to provide price support to producers.
Four companies control 85% of production in the $213 billion meat industry. Critics say the packing companies are monopolistic and have forced consolidation driving down revenues for producers. Packing companies respond that plants have been closed because they are unprofitable.
To help meat producers by encouraging more independent meat processing plants, the Administration will dedicate $1 billion in the American Rescue Plan. Specifically:
FarmRaise helps America’s farmers and ranchers find and apply to the funding they need. Take this 1 minute quiz to see what funding options you’re eligible for.
If you’re ready to bring your farm products to market, check out this detailed application guide for VAPG grant for up to $250,000 in funding.
Find out the deadline for your state so you can submit your 2023 EQIP application with confidence.
Many producers ask our team what types of projects can be funded by various government grant programs. The short answer is that there are tons of project ideas that are competitive for federal grant funding. We wrote this quick guide to explore just a few options, bucketed across three areas below.