The partnership will see Cranswick become the company’s long term manufacturing partner while The Jolly Hog continues operating independently.
June shipments rose 40.6% year on year as Brazil expanded sales to key international markets.
Funding will support export promotion, trade advocacy and international market development.
The initiative is intended to narrow the price gap between livestock producers north and south of the veterinary cordon fence.
Plaintiffs are seeking billions of dollars in damages over alleged beef price manipulation between 2014 and 2020.