USDA Launches $500 Million Program to Support Independent Beef Processors

USDA Launches Program to Support Independent Beef Processors

USDA announced a new initiative that will provide up to $500 million to help small and midsize beef processors remain competitive as historically tight cattle supplies continue to pressure the industry. Agriculture Secretary Brooke Rollins says the new Strengthening Processing for U.S. Ranchers Program will offer temporary payments to eligible U.S.-owned processors to help offset rising cattle acquisition costs while encouraging continued slaugh…

USDA Launches $500 Million Program to Support Independent Beef Processors

(NAFB.com) – USDA announced a new initiative Tuesday that will provide up to $500 million to help small and midsize beef processors remain competitive as historically tight cattle supplies continue to pressure the industry. Agriculture Secretary Brooke Rollins said the new Strengthening Processing for U.S. Ranchers (SPUR) Program will offer temporary payments to eligible U.S.-owned processors to help offset rising cattle acquisition costs while …

USDA launches SPUR Program with up to $500 million for beef processors

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USDA Announces Program to Provide Payments to Small Beef Processors

U.S. Secretary of Agriculture Brooke L. Rollins announced the Strengthening Processing for U.S. Ranchers (SPUR) Program that will provide temporary support for eligible beef processing establishments. Under SPUR, the U.S.… Source