February 24, 2022
Hog producers who sold hogs through a spot market sale during the COVID-19 pandemic now have until April 15 to submit their applications for the USDA's Spot Market Hog Pandemic Program. SMHPP, which is part of USDA's Pandemic Assistance for Producers initiative, originally had a deadline to submit applications by Feb. 25.
SMHPP assists hog producers who sold hogs through a spot market sale from April 16, 2020, through Sept. 1, 2020, the period during which these producers faced the greatest reduction in market prices due to the pandemic. USDA is offering SMHPP in response to a reduction in packer production and supply chain issues due to the COVID-19 pandemic, which resulted in fewer negotiated hogs being procured and subsequent lower market prices. USDA's Farm Service Agency began accepting applications for SMHPP on Dec. 15, 2021.
"In response to stakeholder feedback and our analysis of the program to date, we will be making adjustments to clarify the definition of a spot market sale and to hog eligibility, while including documentation requirements to prevent erroneous payments," says FSA Administrator Zach Ducheneaux. "We'll be announcing those updates soon and want to assure hog producers that there will be ample time to submit their applications for assistance."
Eligible hog producers can apply for SMHPP by completing the FSA-940, Spot Market Hog Pandemic Program application.
Applications can be submitted to the FSA office at any USDA Service Center nationwide by mail, fax, hand delivery or via electronic means. To find a local FSA office, producers can visit the service center site. Hog producers can also call 877-508-8364 to speak directly with a USDA employee ready to offer assistance. Service Center staff continue to work with agricultural producers via phone, email and other digital tools.
Because of the pandemic, some USDA Service Centers are open to limited visitors. Contact your Service Center to set up an in-person or phone appointment. Additionally, more information related to USDA's response and relief for producers can be found here.
Source: USDA, which is solely responsible for the information provided, and wholly owns the information. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.
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