Half Year Results 

Cranswick gets swine fever boost

Cranswick gets swine fever boost

With African Swine Fever (ASF) decimating China’s pig herds, the world’s largest consumer of pork has had to look abroad to satisfy its demand. This has proved a windfall for food producer Cranswick (CWK) who saw revenue from its Far East exports surge by 94 per cent in the first half of the 2020 financial year. The group now accounts for almost 60 per cent of all UK pork meat exports to the region. Estimates about how long China will take to restock its herds vary, but Cranswick looks well placed to capitalise on the interim shortage. All three of the group’s pork processing facilities now enjoy full Chinese export approval.

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