JBS USA is acquiring certain assets from TriOak Foods, a Midwest-based pork producer. Under the agreement, JBS will be obtaining TriOak Foods’ three feed mills, four grain elevators, and sow operations in Iowa, Illinois, Colorado, and Oklahoma. TriOak Foods’ agricultural real estate assets in Iowa are not included in the deal.
JBS USA has been the exclusive customer of TriOak market hogs since 2017. No financial details regarding the transaction, which is subject to customary closing conditions, have been announced.
TriOak Foods, a family operation established in 1951, includes live pork production, grain merchandising, and fertilizer marketing. TriOak Foods, a leader in on-farm sustainability, operates hog farms that are compliant with California’s Proposition 12 rule and include multiple open pen gestation facilities and farms.
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“Today’s announcement is aligned with our company’s strategy to consistently provide the highest-quality pork to our customers and consumers,” says Matthew Turner, DVM, JBS USA head of live pork. “As a longtime, exclusive hog supplier to JBS USA, TriOak Foods has a proven track record of maintaining the highest standards for animal health, well-being, and product quality. We look forward to continuing our strong partnership with the TriOak team.”
“With a focus on meeting customer and consumer expectations, this announcement means that JBS USA will continue expanding our premium pork product mix, including open pen gestation and Proposition 12-compliant hogs,” adds Marty Dooley, JBS USA pork president. “We are grateful for the opportunity to ensure consistent supply to our Ottumwa, Iowa, and Beardstown, Illinois, pork production facilities, which will strengthen our ability to reliably provide high-quality protein to American families.”
