CRIDER, INC.: $15.0M Department of Agriculture Contract
Summary
The $15.0M contract from the USDA Agricultural Marketing Service to private entity Crider, Inc. for canned beef and chicken products supports U.S. food donation programs. No publicly traded companies are directly tied to this award, limiting direct stock market impact.
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Key Takeaways
- 1.Crider, Inc. is a private entity; no public tickers are affected.
- 2.The $15M contract is for canned meat products under USDA food donation programs.
- 3.No legislative connection found among the provided bill signals.
Market Implications
The contract has negligible direct implications for public equity markets. Investors focused on agricultural commodities or food processing may monitor broader USDA procurement trends, but this specific award lacks a public company catalyst.
Full Analysis
The Department of Agriculture awarded a $15.0M definitive contract to Crider, Inc. for the supply of canned beef and chicken products intended for U.S. government food donations. The contract period runs from May to September 2026. Crider, Inc. is a private company with no publicly traded parent or subsidiary identified in EDGAR filings. As a result, this contract does not directly affect any publicly traded entity. The award falls under the Agricultural Marketing Service, which manages commodity procurement for nutrition assistance programs. While large agribusinesses like Tyson Foods (TSN) or Hormel Foods (HRL) could theoretically compete for similar contracts, this specific award is not linked to them. No related legislation from the provided bill signals directly authorizes or appropriates funds for this contract. The contract is relatively small in the context of the broader agricultural sector, and its impact is limited to the private recipient and its supply chain. Historical patterns show that USDA commodity procurement contracts are routine and do not typically move markets unless tied to a major policy shift or a large, publicly traded contractor.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
TYSON FOODS INC.: $10.6M Department of Agriculture Contract
PACIFIC COAST PRODUCERS: $16.5M Department of Agriculture Contract
SUN VALLEY RAISINS, INC., A CALIFORNIA CORPORATION: $13.6M Department of Agriculture Contract
PACIFIC COAST PRODUCERS: $17.2M Department of Agriculture Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Restoring American Commercial Fishing in the Pacific
This proclamation reverses prior national monument fishing bans in the Pacific by reopening hundreds of thousands of square miles of waters in Papahānaumokuākea Marine National Monument, Mariana Trench Marine National Monument, and Rose Atoll Marine National Monument to commercial fishing. It directs the Secretary of Commerce to amend or repeal inconsistent regulations, allows only US-flagged vessels to fish commercially (with limited permits for foreign transport vessels), and reaffirms that all fishing remains subject to existing federal conservation laws such as the Magnuson-Stevens Act, Endangered Species Act, and Marine Mammal Protection Act.
Further Adjusting the Tariff Regimes for Imports of Aluminum, Steel, and Copper into the United States
This proclamation modifies existing Section 232 tariffs on aluminum, steel, and copper imports by expanding the list of derivative products eligible for a reduced 15% duty to include agricultural equipment and residential HVAC systems, temporarily reducing tariffs on mobile industrial equipment, adding aluminum lithographic plates and steel racks to the derivative tariff coverage, and lowering the threshold for products to qualify as made 'entirely' from American metals from 95% to 85%.
Contract Details
Recipient
CRIDER, INC.
Award Amount
$15,034,319
Awarding Agency
Department of Agriculture
Sub-Agency
Agricultural Marketing Service
Contract Type
DEFINITIVE CONTRACT