Tag: Smithfield

Reuters: Exclusive: China’s WH Group targets beef and poultry assets in U.S. and Europe

By Tom Polansek and Julie Zhu | CHICAGO/HONG KONG Smithfield Foods Inc’s owner, China-based WH Group Ltd (0288.HK), is scouting for U.S. and European beef and poultry assets to buy, in a move that would sharpen its rivalry with global meat packers Tyson Foods Inc and JBS SA. Expanding into beef and poultry would bring




Bloomberg: The Dirty Family Secret in a Brazilian $20 Billion Buying Spree

by Gerson Freitas Jr, Tatiana Freitas, and Jeff Wilson May 26, 2017 When beef tycoons Joesley and Wesley Batista sat down with Brazilian prosecutors last month and told them all they knew about the metastatic corruption scandal known as Carwash, they also let the world in on a dirty family secret. The meteoric rise of




Bloomberg: There Aren’t Enough Slaughterhouses to Support the Farm-to-Table Economy

by Deena Shanker May 23, 2017, 3:00 AM MDT Sellers of high-end pork, beef, and chicken agree: there simply aren’t enough facilities to humanely and safely kill their animals. Everything at Blue Hill at Stone Barns in Pocantico Hills, N.Y., has a story. Servers, chefs, and farmers at the restaurant, which was recently ranked No.




Bloomberg BNA: As Factory Farms Spread, So Do Toxic Tort Cases

May 5, 2017 By Steven M. Sellers Large factory farms increasingly occupy rural landscapes once dotted with small family farms, and their concentrated waste has produced a wave of toxic tort litigation. Known as Concentrated Animal Feeding Operations, the facilities confine and raise large populations of livestock. Environmentalists say these operations supply food to such




China’s Smithfield Consolidates Supply Chain with Grain Elevator Acquisitions​

Since it was acquired in 2013 by the Chinese company WH Group, pork giant Smithfield has moved steadily to consolidate power over its supply chain. The company’s most recent purchase targeted grain elevators in Harpster and Morral, Ohio. This means Smithfield can now ship grains directly from Ohio to its feedlots in North Carolina. These