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 247 Brazil 379 China 2916 Japan 575 South Korea 553 Trade Deals 982 U.S. 5235

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 fell by 9.7%...

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