Macro Trends China’s Ag Imports Climb Nearly 13 Percent in 2017 With the conclusion of China’s Lunar New Year celebrations, its Ministry of Commerce has started to release year-end data. Farm-related products entering the country in 2017 were valued at $125.9 billion, up 12.8 percent from 2016 and 6.8 percent of the total value of all imports for the year. Among the leading subsectors, oilseed imports amounted to $43 billion or roughly one-third of the total value of all agricultural imports, a 16.2 percent increase from the previous year. By comparison, all Chinese imports were up 15.9 percent versus 2016. Livestock and livestock product imports were valued at $25.6 billion in 2017, a 9.5 percent improvement from 2016. Impor...
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.