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Wednesday, August 19, 2020

Canada's Maple Leaf suspends pork exports to China amid COVID-19 outbreak at Manitoba plant - Successful Farming

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By Kelsey Johnson

OTTAWA, Aug 19 (Reuters) - Canadian meat processor Maple Leaf Foods Inc. has voluntarily suspended exports of pork to China following an outbreak of COVID-19 in a Manitoba plant.

The company said late Tuesday that it was proactively complying with new Chinese government protocols for Canadian processors that require any plant reporting a positive COVID-19 case to suspend exports to China temporarily.

“We respect China’s new import protocols for Canadian products and are working cooperatively with Canadian and Chinese authorities to resume exports quickly,” Maple Leaf chief executive Michael McCain said in a statement.

Shares of the Mississauga, Ontario-based company were trading up 2.03% at C$30.20 on Wednesday on the Toronto Stock Exchange.

Maple Leaf has been grappling for weeks with an outbreak of COVID-19, the illness caused by the new coronavirus, at its pork processing plant in Brandon, Manitoba, where 55 people have tested positive for the virus.

Of those, 53 cases remain active, while two people have recovered, Maple Leaf spokeswoman Janet Riley said in an email on Tuesday. She said the plant is operating and health officials have said there “remains no evidence of workplace transmission.”

Canada is the world’s No. 3 shipper of pork. In 2019, China bought some C$609 million ($462.7 million) in pork, making it Canada’s third-largest pork market in both value and volume terms, according to industry data.

Maple Leaf Foods said it believes the suspension of pork exports to China is a “short-term” situation and “not a material financial event,” given the company’s diverse markets.

Last week, seven Argentine meat processing plants said they had temporarily halted exports to China after registering coronavirus cases among employees.

$1 = 1.3162 Canadian dollars) (Reporting by Kelsey Johnson in Ottawa. Editing by Grant McCool.)

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August 19, 2020 at 10:17PM
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Canada's Maple Leaf suspends pork exports to China amid COVID-19 outbreak at Manitoba plant - Successful Farming

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