Home 5 Ag Stories Vilsack announces $4B to strengthen food system

Vilsack announces $4B to strengthen food system

IABN Stock Photo: U.S. Secretary of Agriculture Tom Vilsack speaks during the National Farmers Union's convention on Monday, March 1, 2021.

The USDA is planning to invest more than $4 billion to strengthen critical supply chains through the Build Back Better initiative.

U.S. Secretary of Agriculture Tom Vilsack says the new effort will strengthen the food system, create new market opportunities, tackle the climate crisis, and support good-paying jobs throughout the supply chain.

“I would say this challenge of the supply chain adds to a number of concerns that have arisen about our current food and ag system,” Vilsack said in a press conference Tuesday afternoon. “A system where nearly 90 percent of farms fail to generate a majority of income for those who own and operate the farm.”

Vilsack says Tuesday’s announcement supports the Biden Administration’s broader work on strengthening the resilience of critical supply chains as directed by Executive Order 14017 America’s Supply Chains. Funding is provided by the American Rescue Plan Act and earlier pandemic assistance such as the Consolidated Appropriations Act of 2021.

Secretary Vilsack was also named co-chair of the Administration’s new Supply Chain Disruptions Task Force. The Task Force will provide a whole of government response to address near-term supply chain challenges to the economic recovery.

To learn more, visit usda.gov.