Articles Written by Ana Mano

Brazil’s JBS says it uses satellites to monitor cattle suppliers

By Ana Mano August 29, 2019

Sao Paulo | Reuters — The world’s largest meatpacker JBS SA is closely monitoring the origin of the cattle it buys in Brazil amid heightened concerns about environmental preservation and sustainable business practices, its CEO said Wednesday. Speaking at an industry event in Sao Paulo, JBS CEO Gilberto Tomazoni said the company is using satellite […] Read more

Beef Cattle, Livestock, Markets, Reuters

Brazil halts beef exports to China after atypical BSE case

By Ana Mano June 3, 2019

Sao Paulo | Reuters — Brazil has temporarily halted beef exports to China following an atypical case of BSE in leading farm state Mato Grosso, the agriculture ministry said on Monday. China, Brazil’s largest beef importer by sales, spent US$1.5 billion on Brazilian beef last year, totaling 322,400 tonnes or almost 20 per cent of […] Read more

Livestock, Markets, Reuters

JBS predicts profits will be stronger this year

By Ana Mano March 29, 2019

Sao Paulo | Reuters — JBS SA executives said Friday the Brazilian meat company will deliver higher earnings in 2019 on strong demand for beef in the U.S. and Australia as well as growing Chinese demand for various proteins. Still, first-quarter results will reflect lower cattle availability in the U.S. due to rains and a […] Read more

Beef Cattle, Livestock, Markets, Reuters

JBS posts narrower-than-expected quarterly loss

By Ana Mano November 13, 2018

Sao Paulo | Reuters — Brazil-based food company JBS SA on Tuesday posted a narrower than expected quarterly loss on the back of a strong performance by its Seara processed foods and Brazil beef divisions, and resilience in certain of its U.S. operations. Seara booked net sales of 4.9 billion reais (C$1.72 billion) last quarter, […] Read more

Reuters

JBS shareholder Batista arrested in food sector corruption investigation

By Ana Mano, Pedro Fonseca November 9, 2018

Rio de Janeiro | Reuters – Brazilian police arrested one of the controlling shareholders of meatpacker JBS SA on Friday in connection with an ongoing police inquiry into illegal campaign contributions while a local news outlet reported two former agriculture ministers were also arrested. A member of JBS’ controlling family Joesley Batista is expected only to […] Read more

Beef Cattle, Hogs, Reuters

Russia to resume beef, pork imports from Brazil

By Ana Mano, Polina Devitt October 31, 2018

Moscow/Sao Paulo | Reuters – Russia’s agriculture safety watchdog said on Wednesday it would allow imports of beef and pork from nine Brazilian plants beginning on Thursday, ending an 11-month ban triggered by concerns about the safety of their meat products. Russia’s Rosselkhoznadzor had placed temporary restrictions on imports of pork and beef products from […] Read more

Hogs, Markets, Reuters

Hog industry worldwide getting slaughtered in trade war

By Ana Mano, Hallie Gu, Tom Polansek October 26, 2018

Beijing/Chicago/Carambei | Reuters – Ken Maschhoff, chairman of the largest U.S. family-owned pork producer, has watched profits fall as trade tensions rise between the United States and China. His company, The Machhoffs, has halted U.S. projects worth up to $30 million and may move some operations overseas. Investing in domestic operations now would be “ludicrous” […] Read more

Crops, Reuters, Soybeans

Brazil judge orders Monsanto to deposit royalties related to GMO seed

By Ana Mano July 4, 2018

Sao Paulo | Reuters — A Brazilian judge has ordered local units of Monsanto to put royalties related to a GMO soy seed technology in an escrow account, in a decision likely to hinder the U.S. seed company’s ability to collect royalties from the business. The July 3 ruling relates to a patent dispute between […] Read more

General, Markets, Reuters

Chickens culled as Brazil truckers disrupt commodity exports

By Ana Mano, José Roberto Gomes May 29, 2018

Sao Paulo | Reuters — Striking truckers in Brazil have disrupted supply and exports of farm produce from one of the world’s agricultural commodity powerhouses. Brazil is the top global exporter of soybeans, sugar, coffee and chickens. The strike over high fuel prices has paralyzed Latin America’s largest economy, emptied Brazilian roadways and left major […] Read more

Beef Cattle, Livestock, Reuters

Marfrig to buy control of U.S.-based National Beef

By Ana Mano April 9, 2018

Sao Paulo | Reuters –– Brazil’s Marfrig Global Foods said Monday it would buy control of Kansas City-based National Beef Packing for US$969 million, in a deal that would make it the world’s No. 2 beef processor. Marfrig also said it was seeking to sell an existing U.S. unit, Keystone Food. The proceeds will be […] Read more

Dutch distributor buys Manitoba Claas dealerships

Cash wheat: Bids get support from U.S. gains

Ample world malt barley supply to limit export prices

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