The Action Plan for a Fairer, More Competitive and Resilient Meat and Poultry Supply Chain includes four strategies to help create a more competitive market. The Biden administration will use $1 billion in American Rescue Plan funds to expand independent meat processing. The Packers and Stockyards Act rules will strengthen and new “Product of the USA” labeling rules will be issued. The administration will work together to enforce existing competition and increase transparency in the cattle markets. President Biden will host a virtual meeting on market competition Monday afternoon. Ag Secretary Tom Vilsack, Attorney General Merrick Garland and U.S. farmers and ranchers are participating in the meeting.
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