Exclusive | Trump Administration Plans to Pay Smaller Meatpackers to Keep Slaughtering Cattle - WSJ
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The Trump administration is preparing financial assistance of up to $500 million for small and medium-sized meat processing companies struggling with cattle shortages. The measure represents the latest effort by the administration to tackle record-high beef prices.
Exclusive | Trump Administration Plans to Pay Smaller Meatpackers to Keep Slaughtering Cattle - WSJ
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Trump Administration Plans to Pay Smaller Meatpackers to Keep Slaughtering Cattle
Agriculture Department aims to offer up to $500 million in payments as meat processors navigate livestock shortage
By
Patrick Thomas
Updated
June 30, 2026 1:07 pmET
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!Cattle graze in a field next to Texas State Highway 163.
*The planned aid is the Trump administration’s latest attempt to curb record-high beef prices.
Joel Angel Juarez/Reuters*
The Trump administration is prepping a financial lifeline for smaller meatpackers struggling with dwindling cattle supplies, which have sent beef prices surging.
The U.S. Agriculture Department plans to pledge up to $500 million in payments for small- and medium-size meatpacking companies, according to people close to the discussions. The funds would be distributed to beef plants that keep their processing volumes at a certain level.