Cargill Suspends Soybean Exports to China Cargill has stopped buying soybeans from Brazilian farmers following new regulatory and sanitary/phytosanitary requirements in the country. The Brazilian government’s recent adoption of stricter sanitary evaluations of soybeans destined for China prompted Cargill to cease shipments to China. Cargill’s Latin America office head, Paulo Sousa, said the Brazilian ag ministry’s “new type of analysis” runs contrary to the normal way of inspecting grain shipments. The inspection changes were reportedly requested by China and recently implemented by the Brazilian government. In response, Cargill feels it has no option but to stop playing the game and suspend soybean shipments t...
From WPI Consulting
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.