Major hog firms team up to save costs amid slumping margins
Muyuan Foodstuffs, the largest publicly traded hog company in China, has recently partnered with WH Group, the owner of Smithfield foods, with a partnership in the raising and processing of hogs.
Muyuan has one of the largest hog operations in China, but their business is mostly focused on upstream production, such as breeding and feeding. WH Group has more downstream processing and distribution operations and has been a large importer ...