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Chinese-owned pork producer Smithfield prepares for US listing, Wall Street Journal reports

Smithfield Foods' Chinese owner WH Group (0288.HK) is working with banks to take the U.S.-based pork producer public again in the United States, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Smithfield could list its shares as early as next year, the WSJ reported, adding that the deliberations are ongoing and the timing could change.

"The company regularly evaluates relisting Smithfield's stock in the U.S., but there is no time-table for it," WH Group said in an emailed statement to Reuters.

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Episode 107: Think you have a closed herd?

Video: Episode 107: Think you have a closed herd?

Surveys show many producers believe they operate a closed herd, but what does “closed” really mean? For some, it simply means being genetically closed by raising their own replacements and cleanup bulls, using artificial insemination for new genetics and avoiding the purchase of outsourced cattle. However, being a truly closed herd goes far beyond genetics. A closed herd also works to eliminate as many potential sources of disease introduction as possible. In this episode, we take a closer look at what it truly means to run a closed herd.