China's top pig farmer pushes into meat processing

Qingdao

CHINA'S top pig farmer Guangdong Wen's Foodstuff Group is pushing into processing meat, broadening its operations to limit the impact from tougher competition and falling pork prices in the world's biggest market for the food.

Hog and pork markets have tumbled in recent months as suppliers rushed to cash in on last year's record prices for the meat, a staple form of protein at the heart of Chinese cuisine.

That is driving Wen's to branch out into livestock slaughtering an…