World Perspectives
livestock

China Dairy Hope

Global dairy trade, which had been growing at a compound annual rate of 4.7 percent has slowed over the past couple of years. A primary reason has been China, where demand was curbed by COVID restrictions. The drop in demand coincided with reduced production, and higher prices countered some of the loss in volume. However, the industry is now hopeful that China’s reopening will bring a resurgence in demand. Feed costs have been high at the same time demand was muffled, a combination that has been particularly hard on major suppliers in the U.S., South America, EU and Oceania.  Suppliers in Australia are benefiting from excellent pasture conditions and thus low hay prices. EU dairy cow numbers have been declining and may continue...

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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.

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