Just in time for the summer barbeque season, U.S. beef exports and imports are adjusting to the tightening domestic supply situation. The U.S. is the world’s largest consumer of beef, though not on a per capita basis. Both beef exports and imports had been rising but as the domestic cattle herd contracts, beef imports will begin to rise. Exports in the first two months of this year are down by 8.9 percent and imports are up by 2.7 percent. Beef imports are up from main supplier Canada, and from number four supplier Australia, but are down from Mexico and Brazil. Beef exports to top buyer Japan are up, as well as to Mexico, but sales are down to number two buyer Korea and number three importer China. ...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...