Deal expands Minerva Foods' access to international customers, giving it greater exposure to markets such as North America, Europe, the Middle East and Asia.
Annual U.S. pork production in February (latest data) was up 5.6 percent from the prior year and in an accelerating growth trend before the COVID-19 shutdowns dramatically changed the economic landscape.
The Animal Slaughtering and Processing Production Index 12-month moving average rose continuously through the first three quarters of 2015 and is up 1.9 percent on a year-over-year basis.