To grow the local corn-fed beef market, KyCorn agreed in July to invest in a certificate of deposit that Beef Solutions, LLC will use as loan collateral for startup. This Kentucky Cattlemen’s Association venture also secured a $127 thousand grant from the Agricultural Development Board to begin operations.
Beef Solutions, LLC was formed to provide a pathway for Kentucky’s cattle producers to enter the market for locally-produced and marketed ground beef, guiding the product from the Kentucky farm to the meat counter. It will also provide a way for Kentucky consumers to purchase local ground beef and a way for Kentucky retailers to have a reliable, source verified product.
“Our farmers are thrilled to finally be able to offer Kentucky beef to consumers across the Commonwealth,” stated Dave Maples, Kentucky Cattlemen’s Association Executive Vice President. “As the largest beef producing state east of the Mississippi River, it is only fitting that we have our very own Kentucky beef product.”
The project will be worked on throughout the summer and a plan for a Kentucky Proud ground beef product to be on Kroger shelves is planned for Fall 2017.
“We believe this investment is an excellent way to support our cattle farmers who are feeding local corn to cows that will be harvested and processed in Kentucky,” said Philip McCoun, KyCorn Promotion Council Chairman. “KyCorn is excited to back a Kentucky-branded product.”
Visit the official product website at www.kentuckycattlemensbeef.com.