JBS, Cargill may lose market share as British beef returns to U.S. stores — Panjiva
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JBS, Cargill may lose market share as British beef returns to U.S. stores

Ags - Meat/Dairy 268 Australia 133 Canada 530 Consumer Staples 807 Mexico 929 New Zealand 36 U.S. 5404 United Kingdom 391

Beef from the U.K. will go on sale in the U.S. for the first time since 1996 after Foyle Group among others won licensing approval to resume exports. That’s come without the need for a trade deal, which may be for the best given a U.K.-U.S. trade deal is highly dependent on the outcome of the U.S. elections. Aside from U.S. farmers, other losers from the new arrangements will be exporters to the U.S., led by those from Canada, Mexico and New Zealand, whose shipments to the U.S. have surged 27.1% higher year over year in the 12 months to Aug. 31. The leading seaborne importer to...

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