Farms.com Home   News

Chinese-owned pork producer Smithfield prepares for US listing

Smithfield Foods' Chinese owner WH Group is working with banks to take the US-based pork producer public again in the United States, Reuters reported, citing a Wall Street Journal article.

Smithfield could list its shares as early as next year, the WSJ reported, adding that the deliberations are ongoing and the timing could change.

"The company regularly evaluates relisting Smithfield's stock in the US, but there is no time-table for it," WH Group said in an emailed statement to Reuters.

Smithfield did not immediately respond to a Reuters request for comment.

WH Group acquired Smithfield in 2013 in a $4.7-billion deal, aimed at tapping the massive supplies of US meat for export to China.

Click here to see more...

Trending Video

Dr. Mark Knauer: Feeding Strategies to Shorten Farrowing Duration

Video: Dr. Mark Knauer: Feeding Strategies to Shorten Farrowing Duration

In this episode of The Swine Nutrition Blackbelt Podcast, Dr. Mark Knauer from North Carolina State University shares insights on strategies to shorten farrowing duration. He explores the impact of genetics, nutrition, and environmental factors on farrowing outcomes, highlighting research-backed techniques to improve piglet vitality and reduce stillbirths. Listen now on all major platforms!

"Only about 7% of the variation in farrowing duration is explained by genetics, which means there’s a significant opportunity for nutritionists to optimize outcomes."