With Brazil’s China beef quota virtually exhausted and uncertainty surrounding access to the European market, Minerva Foods is pursuing two strategies simultaneously: expanding feedlot operations in Paraguay and Argentina to secure cattle supplies, and building inventories in the US and China to continue selling into those markets even after quotas are filled. CFO Edison Ticle said the company has never held inventories as high as current levels.
Subscribe to a plan to view this and all reports. this article
