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TheDairySite Latest News: Brazil

07 June 2021
View news from Brazil JBS Fund for the Amazon approves 6 new projects
The Fund for the Amazon has invested 50 million reais in six new projects that will provide incentives for production chains like cocoa, açaí, and pirarucu, as well as platforms for access to credit and business consulting that could raise family incomes...
03 June 2021
View news from Brazil Brazil finalizing rule to pay farmers to preserve land
The Brazilian government is finalizing legislation that will allow farmers to get paid to preserve undeveloped rainforests and savannah, Agriculture Minister Tereza Cristina Dias said during an online event....
View news from Brazil Shares in Brazil’s BRF soar after Marfrig seeks antitrust approval for BRF stake
Shares in Brazilian pork and poultry processor BRF SA closed up nearly 10% on 1 June after beef producer Marfrig Global Foods SA asked antitrust watchdog CADE to approve its purchase of almost a quarter of BRF's stock....
02 June 2021
View news from Brazil A court in Brazil rules that JBS must pay damages over COVID-19 outbreak
A court in Brazil ordered JBS SA, the world's largest meat processing company, to pay 1 million reais ($194,000) in damages over its failure to take measures to protect workers from a COVID-19 outbreak....
View news from Brazil Brazil’s Marfrig seeks antitrust approval for its purchase of BRF shares
Brazilian beef producer Marfrig Global Foods has formally asked antitrust watchdog CADE to approve its purchase of almost a quarter of BRF's outstanding stock....
26 May 2021
View news from Brazil Brazil’s securities regulator accuses Marfrig CEO of insider trading
Brazilian securities regulator CVM has accused Marcos Molina, the chief executive of Brazilian meatpacker Marfrig Global Foods SA, of the "misuse of privileged information" involving Marfrig shares before a filing in April 2018, according to a document...
24 May 2021
View news from Brazil Marfrig becomes BRF’s top shareholder after buying $800 million stake
Brazil’s Marfrig Global Foods announced that it purchased almost a quarter of Brazil’s BRF SA’s outstanding shares....
21 May 2021
View news from Brazil These nine ground-breaking innovations could transform South America's agriculture sector
The Animal AgTech South America Summit, being held virtually from 30 June to 1 July, will showcase the latest innovations in livestock farming, including offerings from nine start-ups that could transform the industry....
14 May 2021
View news from Brazil Brazil meatpackers JBS and BRF report being stung by feed costs in the home market
Brazilian meatpackers JBS SA and BRF FA acknowledged that they are struggling to pass on higher feed costs to consumers in their home market, but JBS sounded had a more bullish tone given its big US exposure....
13 May 2021
View news from Brazil Drought conditions are hitting Brazil’s latest corn crop, potentially squeezing meatpacker margins
Dry weather and poorly timed planting are weighing on Brazil's second corn crop this year, reviving fears of another surge in feed prices like the one that battered big meatpackers after a 2016 drought....
30 April 2021
View news from Brazil New blockchain platform developed by JBS launches
New development allows suppliers of JBS to register their own suppliers to enable compliance with the socioenvironmental criteria for breeding beef cattle in the Amazon Biome....
27 April 2021
View news from Brazil Brazil’s meatpackers turn to wheat as a feed alternative as corn prices surge
Large Brazilian meatpackers are embracing wheat as they try to fend off a rise in the cost of corn, the main livestock feed ingredient....
22 April 2021
View news from Brazil Brazil’s meat lobby says new tariff waiver allows cheaper corn imports from US and Ukraine
Brazil’s decision to temporarily waive tariffs on grain imports could pave the way for cheaper corn from the Ukraine and US that could undercut Mercosur-based grain growers, says ABPA leader....
21 April 2021
View news from Brazil Brazil's JBS expands into plant-based protein with Vivera acquisition
JBS has purchased Vivera, Europe’s third-largest plant-based protein producer for €341 million, to appeal to those who want to eat less meat. ...
08 April 2021
View news from Brazil 2020 a “dire” year for Amazon deforestation, says new data
Deforestation in the Amazon, the world’s largest rainforest, rose by 17% last year, with wildfires, agriculture and logging as the main sources....
07 April 2021
View news from Brazil Land management strategies could be the key to cutting climate emissions
New research that assessed 12 different strategies for reducing climate emissions from beef production found that using improved ranching management practices could lead to a 50% reduction in emissions in some regions....
26 March 2021
View news from Brazil JBS strikes a positive tone on China meat imports outlook
Brazilian meatpacker JBS SA anticipates strong demand for meat this year from China as ASF troubles linger....
25 March 2021
View news from Brazil Brazil's JBS pledges net zero greenhouse emissions by 2040
JBS SA, the world's largest meatpacker, has committed to zeroing the balance of its global greenhouse gas emissions by 2040....
22 March 2021
View news from Brazil JBS ordered to pay $3.6 million after Brazil beef plant's COVID-19 outbreak
A court has ordered JBS SA to pay 20 million reais ($3.62 million) in damages after an outbreak of COVID-19 at a beef plant in northern Brazil, according to a copy of the ruling seen by Reuters on 19 March....
15 March 2021
View news from Brazil Brazil’s government expresses concern about rains disrupting second corn crop
Brazil’s Agriculture Minister Tereza Cristina Dias has expressed concerns that heavy rains are disrupting the planting of the second crop of corn, saying that tight corn supplies are already a concern for meat packers....
05 March 2021
View news from Brazil New research shows that Brazil’s agriculture sector feeds 10% of the world’s population
A study published by Brazil’s state-run agricultural research agency Embrapa found that Brazilian farmers fed some 10% of the world’s 7.76 billion people last year....
04 March 2021
View news from Brazil Indigenous groups in the Amazon sue retailer Casino over rainforest destruction
Indigenous people from Brazil and Colombia have sued retailer Casino in a French court on 3 March over the selling of beef linked to land grabbing and deforestation in the Amazon....
01 February 2021
View news from Brazil Brazil’s beef lobby calls for abattoir workers to be prioritised for COVID-19 jab
Brazilian beef lobby Abrafrigo is requesting that slaughterhouse workers be included in vaccine priority lists....
28 January 2021
View news from Brazil Amazon ecosystem hurtles towards death spiral as deforestation surges in 2020
An area the size of Israel was deforested in the Amazon biome in 2020 as destruction jumped 21 percent in the region....
25 January 2021
View news from Brazil With increase in rainfall, pay attention to cases of bovine leptospirosis
The intensification of rains in this period is conducive to the proliferation of different disease-causing microorganisms, such as leptospirosis, which affects several species of animals, including cattle....
20 January 2021
View news from Brazil Marfrig partners with Embrapa to launch carbon neutral meat line
Marfrig and the Brazilian Agricultural Research Corporation (Embrapa) announced the launch of the Viva brand, a new meat line with sustainability attributes....
06 January 2021
View news from Brazil JBS responds to slavery allegations on Brazil’s cattle ranches
Brazilian meatpackers must clean up their supply chains, labour experts said on 5 January, after an investigation showed six firms bought cattle from ranches that used slave labour....
05 January 2021
View news from Brazil New report alleges slave labour on Brazil’s cattle farms
A new report states that feeder farms for some of Brazil’s beef producing companies have used slave labour, prompting refreshed calls for Brazil to clean up its meat supply chain....
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