Farm Service Administration

‘Spot market’ program aims pandemic aid at hog farmers

The government will send up to $50 million to hog farmers who were forced to sell hogs at pandemic-depressed prices on the spot market during the summer of 2020, said the Agriculture Department on Monday. The announcement came a month after the USDA said it was disbursing $270 million to contract growers of hogs and poultry through its Pandemic Assistance for Producers initiative.