# 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

> USDA announced it intends to invest $500 million in American Rescue Plan funds to expand meat and poultry processing capacity, plus more than $150 million for small and very small processing facilities. The announcement is part of a broader push to increase competition under President Biden's executive order.

- Date: 2021-07-09 · published 2021-07-09T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/46061-usda-announces-500-million-for-expanded-meat-and-poultry-processing-capacity-as
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Added processing capacity could expand slaughter throughput over time, affecting live cattle, hog and chicken demand, but the effect on near-term prices is limited.

## Read by commodity

- HOGS: neutral
- CHICKEN: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-05-19 | [Hoeven: USDA Releases Final Details for Direct Assistance to Farmers and Ranchers, Sign-Up to Start May 26](https://feedsoft.ai/events/53129-hoeven-usda-releases-final-details-for-direct-assistance-to-farmers-and.md) | +1.6% | -4.9% |
| LCATTLE | 2022-07-02 | [Undersecretary listens to concerns of regional meat processors - Jamestown Sun \| News, weather, sports from Jamestown North Dakota](https://feedsoft.ai/events/40612-undersecretary-listens-to-concerns-of-regional-meat-processors-jamestown-sun.md) | +0.3% | -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 | 2023-01-06 | [Deforestation: proposed EU import ban may fail to protect tropical rainforests and farmers – here’s how it should work](https://feedsoft.ai/events/37818-deforestation-proposed-eu-import-ban-may-fail-to-protect-tropical-rainforests.md) | +0.0% | -0.1% |
| LCATTLE | 2024-10-30 | [USDA to Issue More than $235 Million to Farmers Hit by Natural Disasters, Including Hurricane Milton](https://feedsoft.ai/events/27844-usda-to-issue-more-than-235-million-to-farmers-hit-by-natural-disasters.md) | -1.3% | -1.6% |
| HOGS | 2021-10-06 | [USDA’s CCC takes on big role as presidents look to fund priorities \| 2021-10-05  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44524-usda-s-ccc-takes-on-big-role-as-presidents-look-to-fund-priorities-2021-10-05.md) | -2.7% | -16.2% |
| HOGS | 2022-01-18 | [China: Focus on Domestic Production, as Soy, Pork Imports Fell in 2021; Corn Imports Hit Record- Meat Production Surges \| Farm Policy News \| Illinois](https://feedsoft.ai/events/14964-china-focus-on-domestic-production-as-soy-pork-imports-fell-in-2021-corn.md) | +4.5% | +14.2% |
| HOGS | 2022-12-28 | [NDRC in coordination with Chinese farmers to stabilise supply - European Pork \| European Pork, the Smart Choice](https://feedsoft.ai/events/38236-ndrc-in-coordination-with-chinese-farmers-to-stabilise-supply-european-pork.md) | -5.4% | -12.7% |

## Sources

- usda.gov: https://www.usda.gov/about-usda/news/press-releases/2021/07/09/usda-announces-500-million-expanded-meat-poultry-processing-capacity-part-efforts-increase

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