Latest News From Brazil

JBS facility in Brazil
JBS SA Faces New Fraud Charges In Brazil

Brazilian federal prosecutors have charged JBS S.A. and its holding firm J&F Investmentos, along with 14 other individuals, for alleged fraud in the approval of investments and loans by national development bank.

11 months ago
JBS, Cactus, Texas
Senators Seek Inquiry Into JBS USA

Citing concerns about foreign ownership of U.S. companies, two U.S. senators have asked Treasury Secretary Steve Mnuchin to open a formal investigation of JBS SA.

1 year ago
In 2018, Indonesia imported approximately 150,000 metric tons of beef.
Brazil To Export Beef To Indonesia

Brazil’s agriculture minister says Indonesia has authorized beef exports from 10 Brazilian meat packing plants.

1 year ago
JBS SA is using satellite technology to monitor suppliers.
JBS SA Monitors Suppliers With Satellites

Citing heightened concerns about environmental preservation and sustainable beef production, JBS SA is using satellite technology to monitor suppliers.

1 year ago
JBS SA denies buying cattle farms involved in deforestation or embargoed by Ibama.
Report Claims JBS SA Buying Cattle From Forbidden Amazon

Brazilian reporters claim JBS SA has been buying cattle from ranches grazing cattle on deforested land in the Amazon, a practice forbidden by the Brazilian government.

1 year ago
JBS Probe Nears Completion in Road to Redemption for Meat Giant

Expected to offer evidence of wrongdoings unveiled by Batistas.

1 year ago
BRF and Marfrig Begin Talks to Form New Global Meat Giant

A memorandum of understanding signed to ‘deepen discussions’ about combining businesses would bring scale and savings in global meat business.

1 year ago
Whoppers Sizzle in Steak Land as Burger King Rises in Brazil

Dominant McDonald’s sees rival add site every three-four days as recession-wracked populace skipping expensive steak houses.

1 year ago