Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

U.S. food exporters sign safety declarations in lieu of virus-free guarantees

Published 06/26/2020, 08:05 PM
Updated 06/26/2020, 08:20 PM
© Reuters.

By Karl Plume

(Reuters) - U.S. food and feed exporters are shipping goods to China with letters assuring the safety of their cargo in lieu of official declarations requested by Chinese authorities that guarantee coronavirus-free shipments, a U.S. agricultural export group said on Friday.

The commitment statements, drafted by the Agriculture Transportation Coalition (AgTC), are meant only to assure importers that shipments have been harvested, processed and handled consistent with industry safety standards and guidelines from medical experts.

The move comes after China's customs authority last week asked food exporters to the country to sign official declarations their produce is not contaminated by the novel coronavirus.

Chinese demands for the guarantees have roiled the food and agriculture sector and are causing some shippers to forego the China trade, U.S. produce growers group said on Friday.

"You're not signing your name to a guarantee that they have no coronavirus. Nobody can do that. Coronavirus does not live on food or plants," said Peter Friedmann, executive director of AgTC, which represents mostly exporters of U.S. agricultural products in shipping containers.

Exporters cannot guarantee that cargo will remain free of the virus after it leaves their facilities, Friedmann said.

"If a Chinese customs inspector has the virus and he handles something, someone can come back later and say that shipment has coronavirus," he said.

Chinese customs officials have not confirmed that the commitment statements are acceptable replacements for their official declarations, but no AgTC members have reported any related shipping issues to date.

 

Latest comments

Simple solution, stop sending food to China. Stop Sending Food To China.
The reality is, US is begging China to buy.
You think a few billion in soybeans makes up for the trillions of dollars the Chinsect menace has cost the USA just in the last 3 months? That is disregarding the years of IP theft and asymmetric warfare China has waged.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.