There are three factors favoring Brazil's exports on the global broiler market, which are forecast to reach a record-high volume in 2016, and two are related to the devaluation of its currency. Brazilian Real and the Global Broiler Market Several current trends in the broiler market are bolstering Brazil’s exports, which are forecast to reach a record-high volume in 2016. According to the USDA Foreign Ag Service (FAS) post in Brasilia, they are expected to total 4.14 MMT, an increase of 260,000 MT or about 8 percent.There are three factors favoring Brazilian exports with the first being the trade restrictions that remain in place from the outbreak of highly pathogenic avian influenza (HPAI) in the U.S. Brazil is looking to increase export...
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: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...