Facility will be converted into a value-added processing plant focused initially on meat products.
Full-year profit edges down 1% amid weaker performance in the livestock segment
USDA raises its 2026 US table egg production forecast as layer flock numbers recover despite disease-related losses.
The agreement includes an option that could allow MHP to take full ownership in the future.
Company plans major capacity increase aimed at lifting egg output and improving operational efficiency across its integrated farming network.