Livestock Live Hog Price Sees Slight Gain During Holiday Week Some analysts and the leadership at the Ministry of Agriculture and Rural Affairs (MARA) had expected pig prices to rise with the Labor Day holiday week, which ended yesterday. According to surveys from China’s National Bureau of Statistics (NBS), however, the national average price, which fluctuated a bit over the five-day holiday that began on 29 April, only rose by just RMB .07/kg ($.01/kg) through Wednesday. As the Labor Day celebrations are one of China’s three Golden Week holidays (the others are the Lunar New Year and National Day), market optimists had expected a renewed tourism boom would drive up meat consumption. China’s Tourism Academy recently st...
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.