Danish Pork Producer Opening Processing Plant In China
Danish Crown, a major pork-producing company, has opened a new processing plant near Shanghai. The plant will use imported meat from Denmark to produce 14 thousand tons of packaged, chilled products, annually. Reuters reports local pork prices have hit record levels amid a growing meat shortage caused by widespread African Swine Fever.
Danish Crown says they plan to sell their products at a 10-15% premium over local goods.