Muyuan Foodstuff
Industry | Food |
---|---|
Products | Pork |
Number of employees | 137000 |
Muyuan Foodstuff (
History
Muyuan was founded by husband and wife Qin Yinglin and Qian Ying, who started their first farm in 1992.[2] By 1994 they had 2,000 pigs, and by 1997 they had 10,000. In 2000 Qin founded Muyuan Farming (牧原养殖), the company that would eventually become Muyuan Foodstuff.[3] In 2010, the company received an International Finance Corporation loan and investment.[4][3] By 2013, Muyuan Foodstuff Ltd. had two wholly owned subsidiaries and one participating company, and was raising more than one million pigs for slaughter per year. On 28 January 2014, Muyuan stock (002714.SZ) started trading on the Shenzhen Stock Exchange.[3] By 2019 they were the second largest pork producer in China after Wens Foodstuff Group.[5]
In 2020 the
In 2021 they were the world's leading sow producer.[7]
Facilities
Muyuan's pig farm near Nanyang is the world's largest. Its pig barns are multistory which allows for higher density. The farm is farrow-to-finish meaning that pigs taken from breeding to slaughter on-site. Production at this farm is targeted at 2.1 million pigs a year.[6]
References
- ^ "Chinese pig farming kings thrive as prices soar". South China Morning Post. 15 December 2019. Retrieved 18 February 2021.
- Yahoo Finance.
- ^ a b c "秦英林家族:中原养猪大王 世界银行资金源头" (in Chinese). 理财周报. 21 July 2014. Archived from the original on 15 September 2016.
- ^ a b "China's 'pork king' and world's richest farmer faces end to fortuitous crisis". www.ft.com. Retrieved 18 February 2021.
- ^ "China's pork consumption falls as African swine fever spreads". reuters.com. Reuters. 17 May 2019. Retrieved 16 July 2022.
- ^ a b Patton, Dominique (7 December 2020). "Flush with cash, Chinese hog producer builds world's largest pig farm". reuters.com. Reuters. Retrieved 16 July 2022.
- ^ Mcgregor, Grady. "China is getting its pig epidemic under control, but it's not out of the woods yet". fortune.com. Fortune. Retrieved 16 July 2022.