Monday, February 6, 2023
HomeAg NewsPork Checkoff Rate Adjustment on January 1

Pork Checkoff Rate Adjustment on January 1

The Pork Checkoff rate will drop by five cents on January 1, 2023, to 35 cents per $100 of value. This change is the result of a resolution passed by voting delegates at the 2022 Pork Industry Forum.

Pork Checkoff payments are collected for all pigs sold with a change of ownership. This includes the sale of weaned pigs, breeding age animals, and at the final market destination. Payments received by NPB for pigs sold on or after the first of the year will reflect the reduced rate. The rate change was recommended by the Pork Industry Vision Task Force, a group of 19 leaders from NPB, NPPC, and various state associations, to ensure the pork industry’s long-term success.

Other actions from the task force included creating a joint producer-led working group of NPB and NPPC state leaders to conduct animal industry planning, prioritize issues, identify risks, and develop action plans.

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