# Undersecretary listens to concerns of regional meat processors - Jamestown Sun | News, weather, sports from Jamestown North Dakota

> USDA Under Secretary for Rural Development Xochitil Torres Small and Sen. John Hoeven met with North Dakota Farmers Union members and regional meat processors on June 27 in Jamestown. The USDA is investing $1 billion to promote competition and resilience in meat supply chains, including gap funding for independent processors.

- Date: 2022-07-02 · published 2022-07-02T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/40612-undersecretary-listens-to-concerns-of-regional-meat-processors-jamestown-sun
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Funding for new regional processing capacity could eventually ease bottlenecks in North Dakota's cattle supply chain, but the effect on live cattle prices in the near term is minimal.

## Read by commodity

- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-07-09 | [USDA Announces $500 Million for Expanded Meat & Poultry Processing Capacity as Part of Efforts to Increase Competition, Level the Playing Field for Family Farmers and Ranchers, and Build a Better Food System \| USDA](https://feedsoft.ai/events/46061-usda-announces-500-million-for-expanded-meat-and-poultry-processing-capacity-as.md) | +0.1% | +0.5% |
| LCATTLE | 2020-07-02 | [Stepping up EU action to protect and restore the world's forests \| European Committee of the Regions](https://feedsoft.ai/events/52140-stepping-up-eu-action-to-protect-and-restore-the-world-s-forests-european.md) | +0.3% | +2.8% |
| LCATTLE | 2021-08-06 | [Price Margins Don’t Add Up in Favor of Producers \| Calf News](https://feedsoft.ai/events/45711-price-margins-don-t-add-up-in-favor-of-producers-calf-news.md) | +1.1% | +3.1% |
| LCATTLE | 2024-02-15 | [New obligations on importers and traders arising from the EU Deforestation Regulation \| Article \| Chambers and Partners](https://feedsoft.ai/events/31730-new-obligations-on-importers-and-traders-arising-from-the-eu-deforestation.md) | +0.2% | +3.2% |
| LCATTLE | 2018-06-04 | [Cattle transportation in NAFTA times \| Western Livestock Journal](https://feedsoft.ai/events/64471-cattle-transportation-in-nafta-times-western-livestock-journal.md) | +2.6% | +0.4% |

## Sources

- jamestownsun.com: https://www.jamestownsun.com/news/undersecretary-listens-to-concerns-of-regional-meat-processors

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.