Public Health New Covid-19 Cases Emerge, China Reels from Global Crisis Two weeks ago, the majority of new novel coronavirus (Covid-19) cases in China were tied to expatriated citizens returning from abroad. This past week has seen the emergence of a new local cluster. This time in Jia County in Henan Province, which has now been placed on lockdown. The likely source of the new infections comes from residents returning from abroad. According to the South China Morning Post, of the 36 new cases reported today, 35 involve citizens arriving home from overseas. This reimportation of the virus has raised the total across mainland China to 82,361 cases through today, an increase of 700 in the past week, which is 200 more individuals than...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.