Articles Written by Brad Haynes

JBS suspends Brazil beef output amid import bans

By Brad Haynes, Tatiana Bautzer March 23, 2017

Reading Time: < 1 minute Sao Paulo | Reuters — Brazil’s JBS SA, the world’s biggest meatpacking company, announced on Thursday it had suspended beef production at 33 of its 36 Brazilian plants amid the corruption scandal that has caused some of the country’s biggest export markets to ban Brazilian meats. Agriculture Minister Blairo Maggi said a police investigation, which […] Read more

Livestock, Reuters

Brazil police raid BRF, JBS meat plants in bribery probe

By Brad Haynes, Sergio Spagnuolo March 17, 2017

Reading Time: 3 minutes Sao Paulo/Curitiba, Brazil | Reuters — Brazilian police raided the premises of global meatpacking companies JBS SA and BRF SA on Friday, as well as dozens of smaller rivals, in a crackdown on alleged bribery of health officials that could threaten US$12 billion in annual exports. The probe, known as “Operation Weak Flesh,” found evidence […] Read more

Livestock, Reuters

JBS sees margins up in 2017 as feed, cattle costs fall

By Brad Haynes, Paula Laier March 14, 2017

Reading Time: 2 minutes Sao Paulo | Reuters — Brazilian meatpacking giant JBS SA expects profit margins to improve over the course of this year, CEO Wesley Batista said on Tuesday, as lower cattle and feed costs and healthier markets ease the pressures that hurt 2016 results. JBS shares rose two per cent in Sao Paulo despite lower-than-expected earnings […] Read more

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Author Archives Brad Haynes

JBS suspends Brazil beef output amid import bans

Brazil police raid BRF, JBS meat plants in bribery probe

JBS sees margins up in 2017 as feed, cattle costs fall

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