Genesus announced the signing of an agreement between Cofco and Gensus for Swine Genetic co-operation and sales. The Cofco-Genesus swine breeding stock import will be the largest to China.
Cofco is the largest agri-business in China and its’ asset base is $71.9 billion. The pork division, at almost 200,000 sows, is growing with more large scale swine production facilities being built with full packing and processing capabilities.
Genesus will be providing swine genetics, ongoing technology and genetic production expertise focused on supplying Cofco’s own farms and Genesus genetics to other Chinese swine producers. Genesus provided 36% of all swine breeding stock imported to China in 2014. The co-operation agreement is the next step in a five-year relationship of which Cofco has been using Genesus Genetics.