Livestock Muyuan’s Credit Default Sends Shockwave Through Industry Based on recent reports from the Shanghai Commercial Paper Exchange (SHCPE), more than 30 of Muyuan’s subsidiaries have defaulted on their commercial paper obligations. The SHCPE, which is a national platform for the exchange of corporate issued notes and bonds under the supervision of the People’s Bank of China, indicated the value of the defaults exceeds $2.6 million in U.S. dollars. The share price of Muyuan fell by 10 percent yesterday, reaching the daily limit on Shenzhen Exchange, while other publicly listed domestic hog companies also saw significant price drops in their share prices. Market analysts have had doubts concerning Muyuan’s finan...
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.