Brazilian Minister of Agriculture, Tereza Cristina, has stated she’s hopeful Brazil will be shipping beef to China again this month. Brazil’s largest market has been closed now for 90 days since exports were suspended after the notification to the World Organization for Animal Health (OIE) that two cases of atypical bovine spongiform encephalopathy (BSE) had been discovered at two separate meat plants – one in Mato Grosso and the other in Minas Gerais. Both cases were determined to be atypical cases. BSE can manifest in two forms - classical and atypical. The incubation period for classical BSE from prion infected feed, from time of infection, thought to occur early in life, until the onset of clinical signs a...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...