Livestock Live Hog Price Surges to Nearly RMB 21/kg China’s average live pig price set a new all-time high of RMB 20.92/kg ($2.98/kg) or RMB 9.49/lb. ($1.35/lb.) as of 14 August, a weekly gain of RMB 1.71/kg ($0.24/kg) or RMB 0.78/lb. ($0.11/lb.) that was the largest so far in 2019. It pushed that price above the previous record of RMB 20.80/kg ($2.96/kg) or RMB 9.43/lb. ($1.34/lb.) set during the first week of June 2016. This helped improve hog farmers’ operating margins, which have rebounded sharply to nearly RMB 1,100/head ($156.47/head). Oilseeds Soymeal Inventories Drop Significantly in Southeastern China After steadily climbing throughout July, estimated soymeal inventories in Fujian Province have declined not...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.