NEWS RELEASE – Biden-Harris Administration Makes Investments to Streng then American Farms & Businesses, Increase Competition and Lower Costs

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US Department of Agriculture Rural Development - Together America Prospers

NEWS RELEASE

Biden-Harris Administration Makes Investments to Strengthen American Farms & Businesses, Increase Competition and Lower Costs

MANITOWOC, Wis., Oct. 30, 2024 – During a visit to Dramm Corp. today, U.S. Department of Agriculture (USDA) Deputy Secretary Xochitl Torres Small announced that the Biden-Harris Administration is making investments that will strengthen American farms and businesses by expanding innovative domestic fertilizer production and increasing independent meat and poultry processing capacity, which will in turn increase competition and lower fertilizer costs for farmers and food costs for consumers.

The Department is awarding over $120 million today to fund six fertilizer production projects in Arkansas, California, Illinois, South Dakota, Washington and Wisconsin through the Fertilizer Production Expansion Program (FPEP), which is funded by the Commodity Credit Corporation and provides funding to independent business owners to help them modernize equipment, adopt new technologies, build production plants and more.

To learn more, read full NEWS RELEASE.

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