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And family-owned New Stockton Poultry in Stockton, Calif., sources and processes specialty chickens to meet demand within a variety of immigrant and other communities. The dollars are directed to small and medium-size players in 19 states, some of which are likely to see additional grants. Today's announcement is one of many actions that USDA is taking to expand processing capacity and increase competition in meat and poultry processing to make agricultural markets more accessible, fair, competitive, and resilient, and builds upon the Department's efforts to transform the nation's food system. President Joe Biden also started 2022 meeting with producers and laying out his administration's plan to invest as much as $1 billion to expand competition in the meatpacking industry. The project will also support an additional 275 jobs, " USDA said. 09 million grant will help upgrade and triple capacity at the employee-owned facility. In addition, MPILP loans will be charged a closing fee between 1% and 3% of the loan amount depending on loan size, loan complexity, and credit risk. That lack of options puts the producer "in a difficult bargaining position, " he noted. The announcements follow Vilsack's visit to Omaha, Nebraska, where he's expected to tour Greater Omaha Packing Co. to promote the funding initiative. U. S. Department of Agriculture (USDA) Secretary Tom Vilsack announced the money through the first round of the Meat and Poultry Intermediary Lending Program.

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Offsetting start-up costs, working capital, fees, and other expenses related to federal inspection. Acting on a directive from the Biden-Harris administration, the US Department of Agriculture is offering more than $223 million in grants and loans toward growing competition and expanding meat and poultry processing capacity in the United States. For more information, contact: Hannah Vargason. "The MDA's Rural Finance Authority already oversees over $96 million in loans and is well qualified to manage and administer this money, " says MDA Commissioner Thom Petersen. The company, based in Omaha, Nebraska, currently processes 2, 400 head daily.

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MPILP loans are expected to range from $50, 000 to $5 million. USDA will soon take applications for an additional $225 million, which would bring to $375 million the total being spent on independent processing plant projects, the agency said. Tim Walz said in a department news release Wednesday. The Center Square) – The Minnesota Department of Agriculture will use $15 million from the U. S. Department of Agriculture for a new revolving loan program for small- and medium-sized meat and poultry processors. Three South Dakota organizations are receiving a large chunk of change from the U. S. Department of Agriculture as part of their efforts to spur competition in the meat and poultry industries nationwide. We will not be able to respond to direct inquiries regarding the RFQ/P during the solicitation period.

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The Agency decides to continue use of the collection past the. Primary processors must either be USDA inspected or plan to seek USDA inspection, to be eligible. We are grateful to USDA for making this investment in a more resilient food system, and we are appreciative of the leadership of Gov. C) Copyright 2022 DTN, LLC. Additional information on all these programs is available at USDA touches the lives of all Americans each day in so many positive ways. Through the Food Supply Chain Guaranteed Loan program (FSCGLP), the USDA partners with lenders to guarantee loans to help eligible entities expand meat and poultry processing capacity and strengthen the U. Per MPILP guidelines, loans will have a rate that is equal to or less than what a particular project may qualify for elsewhere when considering loan risk, loan size, and related factors. Qualifying taxable corporate bonds.

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In addition, the business will offer to purchase locally raised, market-ready cattle and hogs to supply retail and wholesale business. It creates new markets, new jobs, and builds our economy, " said USDA Rural Development Minnesota State Director Colleen Landkamer. Capacity will help create a more diverse and secure U. S. food. According to USDA's Rural Development Food Systems Transformations chart, GROW South Dakota, which is based in Sisseton, received $8, 125, 000 to assist approximately 16 meat and/or poultry processors in the state. "Since President Biden laid out a commitment at the start of this year, USDA has worked tirelessly to give farmers and ranchers a fair chance to compete in the marketplace, which in turn helps lower food costs for the American people, " said USDA Secretary of Agriculture Tom Vilsack. Greater Omaha would add 275 jobs as well. Agriculture Secretary Tom Vilsack is expected to visit Omaha on Wednesday to further spotlight one of $73 million in grants that will go to 21 meat-processing projects in the first round of the "Meat and Poultry Processing Expansion Program. Furthermore, MPILP is a. key plank of the Biden-Harris Action Plan for a Fairer, More. For more information about MPPEP, view the Meat and Poultry Processing Expansion Program page. Minnesota Farmers Union President Gary Wertish said the union's members have championed increased investment in the processors at the state and federal levels. Constructing a new facility.

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Improving leaseholds. The funds will improve the livelihoods of community residents through job creation and access to fresher meat and poultry products while meeting pollution mitigation by reducing food miles for transportation from local growers initially and ultimately to local markets. Reducing barriers to processing. Business tax returns. "This is a clear example of how the Biden Administration is building our economy from the bottom up and middle out, investing in meat and poultry processing facilities that know how to serve their community's unique needs, " she said. Minnesota receives $15M to boost meat, poultry processing. Collateral requirements. Gt Ref Id - 480746134. Vilsack said that part of the evaluation criteria that was considered was community impact and support and that there had been an environmental analysis as part of the review. Possible to begin to increase the funds available to lenders to. Updated January 21, 2023. Authority Name - login to view.

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That is not the case with Greater Omaha Packing, however. The announcement comes after a commitment from President Biden through the American Rescue Plan to expand meat and poultry processing capacity, which in turn increases competition, supports producer income, strengthens the food supply chain, and creates jobs and economic opportunities in rural areas. Iowa-based Pure Prairie Farms recently purchased a shuttered poultry plant in Charles City, Iowa, with plans to restart operations in the fall of 2022. The Omaha packer also exports to 70 countries, including being the first packing plant to export beef to China when that market reopened. It creates new markets, new jobs and builds our economy, " says Colleen Landkamer, USDA Rural Development state director.

"We identified a relatively small group of about 40 or so projects that merit further review and evaluation. The non-profit will be able to use the funds to provide average loans of $500, 000 per business to develop benefiting processors. "The president had a number of goals when he set this plan forward last January, " Vilsack said. The project sources directly from growers in Minnesota, Wisconsin, and Iowa, who are also shareholders and part owners in the company. Among the guaranteed loan recipients was FPL Food LLC in Georgia, which was approved for a $24. For More Information. All information is subject to change. Description - Global Tenders is not only confined to tenders but we also upload crucial information, from future prospects to past market records. Comply with USDA Food Safety and Inspection Service requirements, or be custom exempt. OMAHA (DTN) -- Following the fallout over livestock markets and the influence of the country's largest meatpacking companies, USDA on Wednesday announced $223 million in grants and loans to expand meat and poultry processing around the country. The grant recipient is required to provide details of ownership changes within 10 years of receiving the funds to the USDA Rural Business-Cooperative Service. With 44 USC 3507(j)(2) as amended and 5 CFR 1320. "It's not so much geared towards or structured in a way that would make you think about exports. He wanted to strengthen the supply chain, and I think he wanted to make sure that we fostered a producer-focused business model, strengthen local and regional food systems, reduce barriers to processing, do things at scale, help create jobs and over time, lower costs to consumers by expanding choice.

Asked repeatedly about the possibility that big meat and poultry companies would buy up these small plants, Vilsack and Karama Neal, the administrator for the Rural Business-Cooperative Service, a division of the Rural Development mission area, who is in charge of the program, said that if the plants are to be sold USDA must be notified and that USDA would attempt to provide additional financing if that were needed. "One of the things that is a requirement of this program is that the agency is notified if a sale or change in total or partial ownership of the facility is under consideration, " said Karama Neal, administrator for the Rural Business-Cooperative Service. Private nonprofit corporations, public agencies, Tribes, and cooperatives that finance – or plan to finance – the start-up, expansion, or operation of meat and poultry processing are eligible to apply. All rights reserved. The maximum, aggregate grant award is $15 million, and applicants can apply for funds up to this aggregate amount in more than one cycle. Emergency Relief Program (ERP). Funding is awarded to the intermediary lender in the form of grants. "We are grateful for this award from USDA and look forward to its positive impact on the meat and poultry processing industry across Minnesota. Restoring jobs in rural places. Check the notice of the grant at. The government's investments play "more to a local and domestic opportunity, " with many recipients in the middle of the country and relatively small, Vilsack said when asked about potential changes to the export landscape. These improvements will allow the processing of up to 300 head of cattle per month. Learn more about MPPEP here.

Ultimate recipients must: -. The cooperative will create a local USDA-inspected processing facility for independent cattle producers in an area that right now does not have a federally inspected processing plant. Energy efficiency upgrades to facilities and equipment.

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