Working capital for processing and marketing
USDA Rural Development announced on 24 September 2026 that Hadrick Ranch, LLC in South Dakota would receive $133,900 through the Value-Added Producer Grant programme. The funding supports processing Angus cattle into custom beef products in Faulkton.
The ranch will use the grant as working capital for beef processing, marketing and direct-to-consumer sales. The announcement describes a Sioux Falls storefront whose location was to be announced later.
Part of a national agricultural funding portfolio
The same release reports more than $26.5 million in USDA Rural Development investment across 194 agricultural projects nationwide, including $11.6 million for 80 beef producer projects.
According to the release, recipients can use Value-Added Producer Grant funds to develop value-added agricultural products, conduct market research and implement business and marketing strategies.
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USDA Announces Value-Added Producer Grant to Hadrick Ranch ↗
U.S. Department of Agriculture — Rural Development · PUBLIC-DOMAIN ↗. U.S. Department of Agriculture. USDA Rural Development. Editorial adaptation and translation: FoodRadar. Adapted by FoodRadar.