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Ximena Bustillo

The Biden administration has announced new funding to help food supply chains

Agriculture Secretary Tom Vilsack speaks at Georgetown University in Washington, D.C., on Wednesday. (Bloomberg via Getty Images)

Agriculture Secretary Tom Vilsack unveiled $2 billion in new funding to strengthen food supply chains hard hit by the pandemic, causing food shortages and higher prices.

The move follows a series of past investments from the Biden administration aimed at helping small meatpacking plants and local foodbanks expand to serve more people. The new funding is made available through the March 2021 COVID relief package, the American Rescue Plan and other relief legislation.

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