Smithfield: agreement for pork exports to China
Smithfield Foods has entered into an agreement with a major Chinese trading company for the purchase of about 30 million kg of Paylean-free pork for delivery by the end of December.
“We are very pleased to begin a business relationship with this trading company in the Chinese market,” said C. Larry Pope, president and chief executive officer.
“Although our agreement today is modest, we believe there could be additional purchases and we are hopeful that this is the beginning of a longer-term and growing association. This is a milestone for Smithfield in terms of our business alliances in China and represents another step in our global expansion,” he said.
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• Smithfield Foods
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