The Billion Dollar Thing Doesn't Create Cheaper Food

In January of 2022 the Biden administration announced that one billion dollars of government money would be deployed to make meat less expensive. This, in response to the recent (and rapid!) run-up in protein prices. Details of the plan are still a bit unclear. One major objective of the spending is to expand slaughter capacity among smaller scale meat processors. Will this make meat less expensive for the consumer? Will it help meat producers? Jim Heimerl, a large-scale Ohio pork producer who also dabbles in beef production, joins me to discuss meat realities. Sponsored by LandTrust landtrust.com