Iowa beef company Cattlemen’s Heritage Beef Company has announced an investment of $150 million in its planned facilities that will allow a groundbreaking in 2023.
In June, there was talk of a $1.1 billion beef facility named Western Legacy Development Corporation in South Dakota. The project which is slated to be the largest in the U.S. and spearheaded by Megan Kingsbury may now be moving to Wyoming.
Governor Greg Abbott announced a new, $670 million state-of-the-art beef processing facility to be built in Amarillo, Texas, in 2023. The new facility, Producer Owned Beef, LLC., has received $12.2 million from the Texas Enterprise Fund and an additional $11.1 million in tax incentives.
Sens. Mike Rounds and Elizabeth Warren introduced a resolution asking the Federal Trade Commission to investigate beef companies for potential price fixing.
Proposed legislation, called the PRIME Act, would end USDA restrictions on custom slaughterhouses, allowing states to set their own guidelines.
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