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The U.S. House Agriculture Committee on May 17 unanimously handed a bipartisan invoice launched by U.S. Rep. Dusty Johnson (R-SD) that will make enhancements to the pricing of cattle in America.
“Ranchers need more shackle space,” Rep. Johnson stated. “The market is too concentrated and South Dakota cattle producers deserve more options on where to sell their product.”
The Butcher Block Act, H.R. 4140, which Rep. Johnson sponsored in June 2021 with lead authentic cosponsor U.S. Rep. Abigail Spanberger (D-VA), would set up a mortgage program on the U.S. Department of Agriculture (USDA) Rural Development for brand new and increasing meat processors and finance producer funding to drive competitors throughout the meat packing business, in line with a invoice abstract offered by the lawmakers.
Additionally, H.R. 4140 would allocate grants to entities to extend hiring and processing capability, the abstract says.
Following Rep. Johnson’s introduction of H.R. 4140 in June 2021, the USDA introduced in July 2021 that it deliberate to supply $500 million in grants to increase meat and poultry processing capability, mirroring provisions within the congressman’s invoice.
“I’m grateful USDA has begun implementing my bill already and I look forward to seeing the details of the program codified,” stated Rep. Johnson.
H.R. 4140, which now strikes to the total chamber for consideration, has garnered a complete of 17 cosponsors, together with U.S. Reps. Frank Lucas (R-OK), Liz Cheney (R-WY), and Tom Emmer (R-MN).
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