While most of the trade news today is focused on the USMCA, there’s another tidbit that shows the increasing influence of the east on the future of beef demand. Situated between Russia and China, and across the Caspian Sea from the Middle East, Kazakhstan has been generating a lot of attention as a potential beef producer. Today, Tyson Foods announced plans to build a 2,000 head per day beef packing plant there to target supplying China, the Middle East and the rest of Asia. Tyson CEO Noel White has been quoted in the press as saying the project “is to help satisfy the growth in demand that we see over the course of the next 10-plus years.” The U.S. company has joined the party that started last year with investments in...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...