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Biden Administration Announces $2.1 Billion to Strengthen Food System

Near-record food prices are challenging governments worldwide

Today, the Biden administration announced more than $2.1 billion in funding to shore up weaknesses in the country's food supply system exposed during the COVID-19 pandemic and the aftermath of the Russian invasion of Ukraine.

Near-record food prices have challenged governments around the world, and the Biden administration's handling of inflation, driven by the media's intense focus, is a major concern for voters ahead of midterm elections in November.

U.S. Agriculture Secretary Tom Vilsack unveiled the new funding, designed to enhance competition in food processing and distribution, increase access to healthy food, and expand markets for farmers, during a speech at Georgetown University.

Please select this link to read the complete article from Reuters.

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