Livestock China’s Live Hog and Pork Prices Face Pressure, Inventories Up On 28 April, China’s State Council hosted a press conference about the nation’s agricultural and rural economic situations. The Director of the Development and Planning Bureau for the Ministry of Agriculture and Rural Affairs discussed the latest pricing trends for leading farm products. He noted the national average pork wholesale price has declined for ten straight weeks, falling by a weekly average of RMB 6/kg ($.85/kg) or RMB 2.72/lb. ($.38/lb.). In addition, the country has added over 10 million head to its live hog inventory since the end of 2019. Over the same period, the National Reform and Development Commission (NRDC) reports the reproduct...
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.