Livestock Major Live Hog Companies Target Increased Capacity in 2022 Even with live hog prices down year-on-year by 54.8 percent and the corn-hog ratio in the dumpster, China’s “Pork Concept Companies” are pursuing market dominance. According to the latest corporate announcements and filings, sales from the major domestic hog producers rose in December. Muyuan Foods led the way with a total of 5.02 million live hogs sold at an average price of RMB 14.75/kg ($1.05/lb.) for the month, raising its total for all 2021 to just over 40 million head. Muyuan ended the year with an inventory of 2.83 million reproductive sows and has set an ambitious hog production goal of 60 million head for 2022. With a flurry of new investments,...
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.