While the December 29th Hog and Pigs Report offers some promise of a modest market recovery, immediate action must be taken to address the liquidity crisis still gripping pork producers. Inaction will assure that many pork producers will not see higher prices. Mr. Secretary, we greatly appreciate how well you and your staff team have responded to our economic crisis during this holiday season. You pledged and have delivered meaningful assistance to U.S. pork producers. But the additional assistance we outlined above is still urgently needed to ensure the survival of U.S. pork producers.
Time is of the essence.
We look forward to working with you in addressing these recommendations promptly.