Murphy Family Ventures, along with Smithfield, announced an agreement on Monday, Dec. 2, that will re-establish the Murphy family farming business, per a release. The release continues ...

Pork giant Smithfield Foods is offloading 150,000 hogs to North Carolina-based Murphy Family Ventures in a deal that will allow the contract grower to become an independent producer again.

WALLACE, N.C. and SMITHFIELD, Va., Dec. 2, 2024 /PRNewswire/ -- Murphy Family Ventures and Smithfield today announced a definitive agreement that will re-establish the Murphy family farming ...

Dec 2 (Reuters) - Smithfield Foods, the world's biggest pork processor, said on Monday it will sell 150,000 female pigs to Murphy Family Ventures. The deal will further reduce the number of hogs ...

(Bloomberg) -- Smithfield Foods Inc. will transfer part of its hog farming operations to a new venture controlled by Murphy Family Ventures Llc. as the maker of Farmland bacon and Farmer John sausages ...

Murphy Family Ventures and Smithfield expect to close the transaction by the end of the year. About Murphy Family Ventures Murphy Family Ventures (MFV) is a true family-owned company that opened ...

(Reuters) - Smithfield Foods, the world's biggest pork processor, said on Monday it will sell 150,000 female pigs to Murphy Family Ventures. The deal will further reduce the number of hogs owned by ...