JBS, WH Group have momentum challenge as Chinese meat inspections return — Panjiva
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JBS, WH Group have momentum challenge as Chinese meat inspections return

Ags - Meat/Dairy 268 Brazil 416 China 3053 Japan 631 South Korea 605 Trade Deals 1017 U.S. 5404

Chinese city authorities have restarted inspections of imported frozen meat amid concerns about the spread of COVID-19. Meat supplies to China have also been complicated by trade policy including the potential end of the phase 1 trade deal with the U.S. in December 2021. U.S. seaborne exports of meat to China are already in decline, with shipments down by 7.4% year over year in Q2’21. The downturn has been led by smaller shippers including Mountaire whose shipments fell by 50.1%. Even large suppliers including JBS and WH Group have experienced a downturn with shipments which fel...

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