To provide emergency assistance to covered producers for market-ready swine losses due to the COVID-19 pandemic, and for other purposes.

This bill directs the Department of Agriculture to use $1.2 billion of the funds of the Commodity Credit Corporation to provide emergency relief to swine producers to aid in the reduction of intentional depopulation losses of swine due to the closure or the reduction in processing capacity of a processing plant related to the COVID-19 (i.e., coronavirus disease 2019) pandemic. Producers shall be eligible for payments based on losses incurred on or after April 19, 2020.