USDA Proposes Reduction in Marketing Assessments on Pigs and Pork

The U.S. Department of Agriculture’s Agriculture Marketing Service announced a proposed rule that would decrease the current rate of assessment of the market value of live porcine animals and decrease the amount per pound due on imported pork and pork products. The agency stated, “These reductions in assessment rates are made in response to the increase in the average prices of live hogs and reflect the National Pork Producers Delegate Body's (Delegate Body) desire to lessen the assessment burden on producers and make such funds available to pork producers and the industry.” The public comment period on the proposed rule is open through August 19, 2022.