U.S. Beef May Soon Benefit From China Demand, Marfrig Says
As African swine fever leaves China with a formidable protein gap, Brazilian meat producers have been rewarded with a boom in shipments. Now, that demand burst could start spreading into the U.S. That’s according to Eduardo Miron, the chief executive officer of Marfrig Global Foods SA, the world’s second-largest beef producer. He expects the Beijing-Washington trade deal signed last month will lead to rising American beef exports to China.