Livestock China’s Live Hog Market Face Uncertainties, Nears Breakeven Point According to the Ministry of Agricultural and Rural Affairs’ (MARA) recent official survey, hog slaughter output was up 41 percent in April. Through the first four months of 2021, production has increased by nearly 40 percent from a year ago. The National Bureau of Statistics (NBS) noted that a total of 171.4 million were slaughtered in the first quarter or about 57 million head per month. While MARA’s numbers are often opaque, the uptick for April suggests about that around 80 million hogs were butchered, bringing the year-to-date total through the first four months to just under 252 million head. Surveys with producers and traders last week con...
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.