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(JBSS.infoinvest.com.br)
Beef Cattle, Reuters

Brazil’s JBS to resume slaughtering at six idle beef units next week

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Reading Time: < 1 minute São Paulo/Reuters – The world’s largest meatpacker JBS SA will next week resume slaughtering at six out of 10 beef processing units after sending workers on temporary leave earlier this month, the company said in a statement on Thursday. Another four units will restart operations on May 2 after “reforms, operating adjustments and the modernization […] Read more
(JBSS.infoinvest.com.br)
Beef Cattle, Livestock, Pasture, Reuters

JBS accused of violating rainforest protection laws

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Reading Time: 3 minutes Brasilia | Reuters –– The world’s largest meatpacker, Brazil’s JBS SA, has for years knowingly bought cattle that were raised on illegally deforested land, turning a blind eye to regulations meant to protect the Amazon rainforest, Brazil’s environmental regulator has alleged. The accusation comes even as JBS and other meatpackers in Brazil, the top global […] Read more
(JBSsa.com)
Beef Cattle, Livestock, Reuters

JBS weighs suspending U.S. IPO

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Reading Time: 2 minutes Sao Paulo | Reuters — Brazil’s JBS SA, the world’s biggest meatpacking company, will decide in coming days whether to suspend listing its overseas operations after a corruption scandal, newspaper Folha de S. Paulo said Monday. A person involved in the deal told Reuters last week JBS had no intention of delaying the US$1 billion […] Read more
(JBSS.infoinvest.com.br)
Beef Cattle, Hogs, Livestock, Markets, Reuters

‘Operation Weak Flesh’ takes bite out of Brazil’s meat exports

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Reading Time: 2 minutes Sao Paulo | Reuters –– Brazil’s meat exports have fallen sharply since a police investigation into alleged bribery of food-sanitation inspectors in the world’s top beef and poultry exporter sparked a wave of trade bans, an industry group said on Friday. Import restrictions by several key importers of Brazilian meat, ranging from China to Europe, […] Read more
(JBSS.infoinvest.com.br)
Beef Cattle, Livestock, Reuters

JBS suspends Brazil beef output amid import bans

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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
(Canada Beef Inc. photo)
Livestock, Reuters

Brazil ag ministry, police say meat problems not widespread

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Reading Time: 2 minutes Lapa, Brazil | Reuters — Brazil’s federal police and agriculture ministry said late Tuesday that sanitary and corruption problems found in the nation’s meatpacking industry were isolated incidents, an attempt to tamp down a scandal that has led the Latin American nation’s biggest export markets to ban its meats. Since police launched raids on processing […] Read more
(JBSS.infoinvest.com.br)
Livestock, Reuters

Brazilian meatpackers slump on import curbs

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Reading Time: 3 minutes Sao Paulo/Beijing | Reuters — Fallout from a meatpacking industry scandal in Brazil, the world’s biggest exporter of beef and poultry, widened on Monday as China, the EU, South Korea and Chile curtailed meat imports from the country after inspectors were accused of taking bribes to allow sales of tainted food. With other import curbs […] Read more
(JBSS.infoinvest.com.br)
Livestock, Reuters

Brazil police raid BRF, JBS meat plants in bribery probe

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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
(JBSS.infoinvest.com.br)
Hogs, Livestock

JBS to buy U.S. pork processor Plumrose

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Reading Time: < 1 minute U.S. ham and bacon processor Plumrose is set to become an arm of major Brazilian meatpacker JBS. JBS, whose holdings include one of Canada’s biggest beef packing plants at Brooks, Alta., announced Monday it has an agreement in place to buy Plumrose from Danish co-operative Danish Crown for US$230 million. The deal would give JBS […] Read more

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