USDA awards grants to expand North Dakota’s meat processing capacity

(AP Photo/Keith Srakocic)
(AP Photo/Keith Srakocic)(Keith Srakocic | AP)
Published: Jun. 29, 2023 at 4:09 PM CDT
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FARGO, N.D. (Valley News Live) - The United States Department of Agriculture (USDA) awarded a combined total of $25,834,000 through the Meat and Poultry Intermediary Lending Program which provides grant funding to intermediary lenders who finance or plan to finance the start-up, development, operations, and processing of meat and poultry.

U.S. Senator Kevin Cramer said the funding is distributed as follows:

  • $15,000,000 to the Oyate Community Development Corporation
  • $10,000,000 to the Rural Development Finance Corporation
  • $834,000 to the Farmers Union Foundation