USA, Washington. USDA in late December announced the second phase of its $12 bn. plan to assist farmers and agricultural producers affected by retaliatory trade actions resulting from US tariffs on foreign imports.
Under the assistance program, pork producers with adjusted gross income of less than $900,000 are eligible for direct payments of $8 per animal – in two phases of $4 each – based on the number of live hogs they owned on August 1, 2018, or on any day between July 15 and August 15, 2018, if that is more representative of the entity’s ownership interests. Livestock payments are limited to $125,000 per person or legal entity. Pork producers affected by retaliatory tariffs can apply for payments through January 15, 2019.