National Cattlemen’s Beef Association Senior Director of International Trade and Market Access Kent Bacus says it’s hard to know how the coronavirus will play out on U.S. beef imports into China. “It’s something people weren’t really prepared to account for. Most of the market forecasts including some of the industry forecasts out a few weeks ago have all been reversed,” says Bacus. “People are being restricted to public areas like supermarkets and restaurants. That’s impacting a lot of the protein sales in China and surrounding countries.” Bacus says a bigger impact is being made on pork and poultry sectors, but it is a very serious issue. “As producers, it’s hard to plan for uncertainty. You can’t always plan for bad weather or blows in the marketplace like this, but the best thing you can do is be aware of all of those forces on your operation.”
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