USDA Decreases Assessments on Imported Pork and Pork Products

The U.S. Department of Agriculture’s Agriculture Marketing Service announced a final rulemaking that decreases the rate of assessment per pound due on imported pork and pork products in response to the approximately 47% increase in the average prices of live hogs in 2021 above the 3-year average from 2018-2020. The new assessment rate becomes effective January 1, 2023.