Choppy pork trade may leave WH Group, JBS without main growth driver — Panjiva
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Choppy pork trade may leave WH Group, JBS without main growth driver

Ags - Meat/Dairy 268 China 3053 Consumer Staples 807 Germany 268 Trade Deals 1017 U.S. 5404

Global meat supply chains continue to contend with challenges from African Swine Flu. While the Chinese hog herd is recovering, demand for imported meat remains high. Supplies from Europe are under threat from ASF challenges for Germany’s farmers. U.S. seaborne exports of pork surged 38.7% higher year over year in March, including increased shipments to China under the phase 1 trade deal, which looks set to remain in place. The expansion in shipments has been led by JBS and Tyson Foods with growth of 74.5% and 47.0% year over year in March respectively while WH Group remains the...

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