Livestock Challenges Mount for China’s Hog Producers Ongoing problems with breeding sows, the cost of piglets, falling live hog prices, and the high cost of corn are impacting the viability of small producers and finishing operations. This reality stands in contrast to recent pronouncements from China’s Ministry of Agriculture and Rural Affairs (MARA). Last week, in an interview with China’s Central TV, a senior official from the Animal Husbandry and Veterinary Bureau of MARA stated the country’s hog supply had recovered enough to satisfy domestic consumption. He mentioned that the current sow inventory was able to supply about 690 million head of live hogs annually, and with the industry making major investments,...
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.