Livestock Feed Demand Slows in Q4 Data from the surveys of China’s Ministry of Agriculture and Rural Affairs (MARA) Affairs and the China Feed Industry Association show feed output for October at 25.2 MMT. That represents a .2 percent increase from a year ago but a month-on-month decline of 4.1 percent. Market sentiment suggests feed output fell even further in November. Through the first ten months of 2021 feed production has reached 243.6 MMT, a 14.9 percent improvement over the same period for 2020. Of that total, 106 MMT has gone to the hog sector, a 49.5 percent jump from the year prior. Meanwhile, high prices for corn and soybeans have pushed feed manufacturers to announce their third price hike in the past month. These...
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.