Why is "American pork" price rising,
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Why is "American pork" price rising,
Open the reason whyslot 168American pork Expensive, not losing the price of Thai pork. After Biden spent billions of dollars Solving the game, the price of processed meat is soaring
On January 4, 2022, reporters reported that "Joe Biden" US President Representatives of the Agriculture and Livestock Union from Midwestern states met at the White House on January 3, 2021 to discuss measures to support small farmers and processed meat producers. Can compete with big capitalists who have the power that lacks competition in the US processed meat industry.
After the talks, Biden revealed a plan to spend $1 billion. To support small farmers and meat processors to have the potential to compete with large private sectors by expanding the meat processing sector of independent producers Procurement of the Meat Processing Industry Development Fund Guarantee and agricultural training
Around $100 million will be used to reduce audit costs for small-scale processing plants, another $100 million will address supply chain challenges such as cold storage and warehousing, and another $800 million will go toward grants. and facility loans to small operators
Biden said large private sector powers lacked competition in the country's processed meat industry. This is one of the reasons for higher prices of meat including beef, pork and poultry as the industry is dominated by large meat producers. citing all kinds of reasons for the epidemic labor shortage and cost of freight make it necessary to raise prices |
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