Brazil
Brazil’s beef exports to China will be halted starting Thursday after a case of mad cow disease was confirmed in the northern state of Para, the country’s agriculture and livestock ministry said on Wednesday.
Brazilian meatpackers continue to procure cattle from inside the country’s protected areas more than a decade after zero-deforestation cattle agreements were signed to reform the sector.
A new study from the University of Illinois looks at how cattle ranchers in Brazil respond to climate change in the Amazon.
Renewing its call for the immediate suspension of fresh beef imports from Brazil, NCBA also asks for a thorough audit of Brazil’s animal health and food safety system, to ensure the safety of the U.S. cattle herd.
China has agreed to resume imports of Brazilian beef following more than three months of suspension due to two atypical cases of Bovine Spongiform Encephalopathy (BSE) were discovered in Brazil.
Montana Senator Jon Tester introduced a bill that would halt imports of beef from Brazil after repeated issues with delayed reporting of BSE. The bill has support from U.S. cattle organizations.
Brazilian authorities said two reported cases of a neurodegenerative disorder in Rio de Janeiro were not related to BSE, but NCBA calls on Secretary Vilsack to immediately suspend all imports of fresh beef from Brazil.
Brazil has suspended beef exports to China after confirming two cases of “atypical” bovine spongiform encephalopathy (BSE) in two separate domestic meat plants, the agriculture ministry said on Saturday.
Brazilian beef exporters saw an 8% increase in 2020 to 2.02 million metric tons, according to Abrafrigo, the country’s beef association. China was the largest importer of Brazilian beef.
The U.S. has reopened its market to fresh Brazilian beef exports effective immediately, according to Brazilian Agriculture Minister Tereza Cristina Dias. NCBA opposes the resumption of trade.
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.
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.
Brazil’s agriculture minister says Indonesia has authorized beef exports from 10 Brazilian meat packing plants.
Citing heightened concerns about environmental preservation and sustainable beef production, JBS SA is using satellite technology to monitor suppliers.
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.
JBS’s Joesley Batista Arrested in New Twist to Plea-Deal Scandal
Post-scandal squeeze on finances sparks asset sales, cutbacks.
JBS owners Wesley and Joesley Batista said to have agreed to a plea bargain.
Brazilian authorities have indicted 63 people for their role in a corruption scheme within Brazil’s Ministry of Agriculture.
Brazil’s embattled meat industry received encouraging news as some of its key export markets eases restrictions stemming from allegations of bribery of meat inspectors.
China, Chile and Egypt have now lifted their bans on importing beef from Brazil.
Imports halted from 1 plant of BRF and 1 Seara facility.
JBS and BRF launch massive media campaigns to stave off impact.
The Brazilian ag sector is trying to minimize damage both at home and in export markets after allegations of corruption are raised against meat inspectors and accusations of allowing rotten meat into the marketplace.
President Michel Temer called Brazil’s scandal over the sale of expired meat an embarrassment Tuesday as more countries suspended some meat imports from the South American nation.
EU seeking information from Brazil and may schedule meeting. While President Temer calls emergency meeting in Brasilia for diplomats.
CEO steps down, then says he’s retaking role hours later.
Saudi Cash Is a Bonanza for Once-Distressed Beef Bonds in Brazil
JBS SA, the world’s biggest meat producer, exceeded analysts’ estimates to post record quarterly profit on surging cattle prices and lower feed costs.
Analysts claim Marfrig’s financial leverage will remain elevated even after the recent sale of assets aimed at reducing debt load.