Murphy Family Ventures returns to independent pork production, supplying hogs to Smithfield Foods.
Smithfield Foods and Murphy Family Ventures have reached an agreement allowing Murphy Family to return to independent pork production. Under the deal, Murphy Family will supply hogs to Smithfield, which will handle production services. Smithfield's CEO said the agreement supports the company's shift towards focusing on quality and taste in meat products. The transaction is expected to close by the end of the year.
4 months ago
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