China Reverses US Beef Export Approvals, Reuters Report Draws Attention

Reuters reported that on the 14th, the day of the US-China summit, Chinese authorities granted export eligibility to hundreds of US beef exporters for the first time in more than a year, then suddenly blocked it again. According to the report, the move is notable because approvals and suspensions affecting many US beef export plants occurred around the same time. The original report did not provide a specific reason for the halt or a schedule for resumption. Because the news came on the summit day, it may increase demand for confirmation from companies watching agricultural and livestock trade between the two countries. Source: mk.co.kr