Agriculture Secretary Tom Vilsack said the USDA’s food supply chain resiliency plan is meant to reverse what’s happening in the U.S. livestock industry. “Producers are having to sell their cattle at a loss, only to learn processors end up taking that cattle and generating a profit. It seems to me, in fairness, the profit ought to go both ways. Our plan will also allow greater price discovery and it will clearly create a more regionally driven food system to withstand future disruptions like what we saw in the pandemic.” The USDA will also revitalize the Packers and Stockyards Act. “Rules will be formulated and we’re going to get them through the process as quickly as possible.” Vilsack also said there will be more announcements coming in the next two months from the USDA on supply chain resiliency.
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