Surge in U.S. Pork Exports to China Led by Brazil’s JBS, China’s WH Group



Karl Plume | Reuters

(Reuters) – U.S. pork exports to China have surged beyond pre-trade war levels, led by higher shipments from Brazil’s JBS SA JBSS3.SA and China’s WH Group Ltd 0288.HK, owner of Smithfield Foods, according to Panjiva, the research unit of S&P Global Market Intelligence.

JBS may have shipped 370% more U.S. pork to China this year through Aug. 31 than at the same period in 2017, while exports linked to WH Group rose 90.1%, Panjiva said Tuesday. Meanwhile, Springdale, Arkansas-based Tyson Foods Inc TSN.N shipped 7.3% less pork to China compared to the same period in 2017.

U.S. President Donald Trump in April ordered U.S. meat processing plants to remain open to ensure domestic meat supplies despite COVID-19 outbreaks among workers.

JBS told Reuters in April, when plants across the country were closing due to outbreaks, that it reduced exports to focus on meeting U.S. demand.

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