Beef China’s new import safeguard on beef continues to stir the market. Its largest impact is on the biggest supplier of protein, Brazil. Suppliers in that country say they will have to reduce production and slaughter capacity. Meanwhile, Ireland is pleased that Beijing has lifted a ban that it imposed back in 2024. Even more fortunate, according to analyst Claire Tax, is New Zealand, which will have a supplying quota for beef that is 40 percent larger than its current export level. Wheat Lower world prices for wheat are making it attractive for Chinese importers to boost purchases predominantly from Australia and Argentina. The increased imports also may signal greater domestic demand for wheat food products. Some of the wheat will a...