There are three factors favoring Brazil's exports on the global broiler market, which are forecast to reach a record-high volume in 2016, and two are related to the devaluation of its currency. Brazilian Real and the Global Broiler Market Several current trends in the broiler market are bolstering Brazil’s exports, which are forecast to reach a record-high volume in 2016. According to the USDA Foreign Ag Service (FAS) post in Brasilia, they are expected to total 4.14 MMT, an increase of 260,000 MT or about 8 percent.There are three factors favoring Brazilian exports with the first being the trade restrictions that remain in place from the outbreak of highly pathogenic avian influenza (HPAI) in the U.S. Brazil is looking to increase export...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.