Macroeconomics Survey of Shanghai Businesses Reveal Severe Economic Distress The American Chamber of Commerce in Shanghai recently published the findings from a survey conducted last week about the recent COVID-19 lockdown. The survey, which ran from 7-9 June collected responses from 133 member companies, including 69 businesses in the manufacturing sector and 64 from the consumer goods and services sectors. The summary of the findings reveal just how severe the lockdowns in Shanghai and in other parts of the country have been and will continue to be on economic activity in China in 2022. Ninety-three percent of survey participants said they have cut their revenue projections for 2022, with one-quarter saying that the reduction in outlook...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.