JBS, Marfrig face China’s widening COVID-19 farm good restrictions — Panjiva
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JBS, Marfrig face China’s widening COVID-19 farm good restrictions

Ags - Meat/Dairy 268 Brazil 415 China 3048 Consumer Staples 805 Coronavirus 511

The Chinese government has extended its restrictions on farm imports because of COVID-19 transmission concerns. Those have previously covered shipments from the U.S., possibly as a part of wide trade tensions, and now include suppliers in Brazil, Canada and Germany. Brazilian chicken and beef are targeted. China represented 20.3% of Brazilian poultry exports in the 12 months to April 30 and was the fastest growing destination market in the three months to April 30. Growth was led by BRF with a 15.4% increase in the three months to April 30 while JBS, one of the targets for restrictions, ...

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