Meat & Poultry
Murphy Family to Return to Independent Pork Production Through Agreement with Smithfield
Murphy Family Ventures and Smithfield have signed an agreement that will establish a Murphy-owned farming business with capacity to produce approximately 3.2 million hogs annually for Smithfield's fresh pork operations. The company, which will be majority owned by the Murphy family, will assume ownership of 150,000 sows – and the market hogs they produce – currently owned by Smithfield. Smithfield will provide production services, including the supply of feed and transportation services.... Read more
December 5, 2024 | 2 min to read