China Expanding Blockage of Imports from Canada It appears that China has raised the pressure on Canada to release the Huawei Technologies CFO. After she was arrested at the request of the U.S., the Chinese government began rejecting shipments of Canadian canola, ostensibly because of phytosanitary violations. This halted those exports to China at a great cost to the Canadian canola industry. Now exporters indicate China has begun tightened inspections of Canadian soybean shipments, which has effectively brought them to a stop as well. They were normally cleared by Chinese customs officials within a few days but now must wait more than three weeks and are sometimes rejected. One shipment of about 680 MT in containers was blocked, supposed...
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: Oil prices extended their rally Tuesday as disruptions to global supplies intensified. Saudi Arabia halted crude loadings at its Yanbu Red Sea port following the shutdown of the East-West Pipeline, while protests by oil-sector security workers forced the suspension...
The USDA has lowered its 2026 red meat production forecasts while leaving poultry almost unchanged. Beef is now projected at 24.877 billion pounds, 90 million pounds below August on slower Q3 fed cattle slaughter and lighter dressed weights, along with an anticipated counterseasonal cutback in...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s grain imports have fallen off in recent weeks due to several reasons, according to local experts — large imports of maize earlier in the year built up good stocks, while the availability of local maize has sinc...