Smithfield Foods Selling 150,000 Sows to Murphy Family Ventures

Smithfield Foods, the world’s largest pork processor, said on Monday it will transfer part of its hog farming operations to a venture controlled by Murphy Family Ventures LLC as the Chinese-owned pork giant seeks to further streamline operations and reduce hog numbers as it prepares for a U.S. listing.   The Murphy-controlled business will assume […]

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