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USDA’s Undersecretary for Rural Development says investments that strengthen the food supply chain will create new markets for farmers and ranchers.
Xochitl Torres Small says the Food Supply Chain Guaranteed Loan Program works with lenders to finance start-up or expansion projects for manufacturing, distribution or processing. “It’s provided a chance for us to work more in an area that allows farmers and ranchers to build local markets and diversify their work.”
During a Farm Bill hearing Tuesday, Torres told House Ag Subcommittee members USDA continues to provide marketing assistance for producers and companies.
Written by: Leah Jones