Livestock Reproductive Sow Data Shows Extent of Industry Consolidation The recent corporate filings and announcements from China’s leading domestic hog producers not only show strong output but also greater market power. As of the end of Q3, the top 19 companies now account for more than 19.2 percent of China’s hog production capacity with a combined total of nearly 8.4 million reproductive sows. The top three domestic producers, Muyuan Foodstuff Company, the Wens Group, and New Hope Group reported sow inventories of 2.60 million head, 1.34 million head, and 850,000 head, respectively. Just behind these three, the De Kang Group, Twins Group, and Zhengbang Biotech Company have seen their inventories grow to 450,000 head, 380,00...
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.
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...