(NAFB) – The Biden administration’s executive order focusing on increasing competition, including in beef markets, gained praise from U.S. cattle groups.

The order includes a review of the Product of the USA label, creating increased market opportunities and considering new rules under the Packers and Stockyards Act. The Department of Agriculture Also announced $500 million to increase meat processing capacity.

The National Cattlemen’s Beef Association applauded the announcements. NCBA Government Affairs President Ethan Lane says, “NCBA’s top priority in Washington is pushing for policies that strengthen the business climate for our producers.” Lane adds the order is a “vital next step toward securing a steady beef supply chain, and increasing opportunities for profitability for our producers.”

U.S. Cattlemen’s Association President Brooke Miller stated, “USCA applauds President Biden for hearing the calls from cattle country regarding increased consolidation in the U.S. cattle industry.”

R-CALF CEO Bill Bullard says, “It is clear the Secretary intends to open the bottleneck created in the cattle industry.”