The U.S. Department of Agriculture has a new program to assist hog producers who experienced financial losses on hogs sold through a negotiated sale from April 16 through Sept. 1, 2020.
The Spot Market Hog Pandemic Program (SMHPP) is part of USDA’s Pandemic Assistance for Producers initiative and addresses gaps in previous assistance for hog producers. USDA has set aside up to $50 million in pandemic assistance funds through the Coronavirus Aid, Relief and Economic Security (CARES) Act for SMHPP.
The Farm Service Agency will accept SMHPP applications through Feb. 25. Eligible producers can apply for SMHPP by working directly with their local FSA office or through USDA's SMHPP application portal.
Answers to frequently asked questions can be found at farmers.gov/smhpp/faq.
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