Livestock China’s Average Live Pig Price Soared 12 Percent Through Mid-March With all the chaos surrounding African swine fever (ASF), the publishing of weekly price data from 500 farm markets across China by the Ministry of Agriculture and Rural Affairs (MARA) appears to be unnecessarily suffering from a two-week time lag at the moment. While the exact reason behind the delay is unclear, which a year ago was normally a week, one explanation could be sorting out the disparity between prices in producing provinces and those in the heavily-populated consuming provinces on the coast. Nonetheless, the data through 13 March 2019 shows the national average live pig price rising RMB 1.55/kg ($0.23/kg) to RMB 14.46/kg ($2.15/kg) or RMB 0.70...
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.