One of China's requirements in its agreement regarding U.S. beef shipments is traceability, and Senator Jon Tester (D-Montana) has noted this is a model for a new COOL law in the U.S. U.S. Beef Already Shipped to China As previously reported (see Ag Perspectives, 13 June), USDA‘s Agricultural Marketing Service (AMS) announced the details of a protocol for import access of U.S. beef to China on 12 June. By 14 June, Greater Omaha Packing Company had already loaded a cargo of middle meats for air shipment to that destination. The company exports extensively and had a traceability and export verification system in place that met the requirements of the new deal with China. COOL Resurrection One of the Chinese requirements in the agreement...
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
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.