04 Jan 2022 --- A major crackdown of US meat giants is on the cards to get away from the country’s current system whereby a handful of producers dominate the industry, raise prices, squeeze out farmers and control opportunities. And, as meat producers come under heavy scrutiny, the US government is pushing for stricter “Made in America” labeling rules. Excessive market concentration in the US meat industry has been highlighted as contributing to the country’s food supply chain vulnerabilities. In a bid to avoid the “dramatic consolidation of the industry,” the US administration yesterday launched an action plan targeting a fairer, more competitive and more resilient meat and poultry supply chain. This includes US$1 billion worth of funds targeting expansion of independent processing capacity and a catalog of other rescue package plans.
