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Smithfield to Cut Additive to Boost Exports to China

by 5m Editor
11 October 2013, at 6:37am

CHINA - Smithfield Foods Inc, the world's largest hog producer, said it will reduce the use of a feed additive that makes pork leaner as it seeks to win more business in China.

The United States-based company, acquired by Hong Kong-based Shuanghui International Holdings Ltd in a $4.7 billion deal last month, has the capacity to ship "large quantities" of ractopamine-free pork to China, Chief Executive Officer C. Larry Pope said in an interview in Hong Kong. China bans the use of the additive.