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Amid large corruption and bribery scandal, JBS’ new chairman Tarek Farahat vows to restore trust in world’s largest protein company.

A recent ban on the sale of cattle for slaughter will limit access to growing markets.

Post-scandal squeeze on finances sparks asset sales, cutbacks.

ABC and a South Dakota meat producer announced a settlement Wednesday in a $1.9 billion lawsuit against the American network over its reports on a lean, finely textured beef product that critics dubbed “pink slime.”

China’s market halted in 2003 when the U.S. investigated a case of bovine spongiform encephalopathy (BSE) from an imported dairy cow. Up to that point, the U.S. was China’s largest supplier of beef.

Wesley and Joesley Batista have combined debt of $790 million.

Raising quality seen as key to attracting selective shoppers.

Friday’s release of Japanese import data could pull the trigger on major disruptions in the U.S.-Japan beef trade.

They say for every action there is a reaction. We are seeing an example of that as Japan prepares to increase its tariff on us frozen beef from 38.5 percent to 50 percent.

Japanese officials confirm rising imports of frozen beef in the first quarter of the Japanese fiscal year (April-June) have triggered a safeguard, resulting in an automatic increase to Japan’s tariff rate under the WTO on imports of frozen beef from the U.S.