TheDairySite Latest News: Brazil
27 September 2021
Brazil’s antitrust regulator gives Marfrig acquisition of BRF the green lightCade, Brazil’s antitrust regulator has approved with no restrictions Marfrig’s acquisition of a 33.6% stake of BRF....
Brazil's Bolsonaro says UK's Johnson sought “emergency” food deal UK embassy differsBrazilian President Jair Bolsonaro said on Thursday that British Prime Minister Boris Johnson, whom he met this week in New York, asked him for an "emergency" agreement to supply a food product that is lacking in Britain....
14 September 2021
What does China banning Brazilian beef mean for the global beef and pork markets?Last week Brazil banned exports of beef to China due to two atypical cases of BSE, writes AHDB's Rebecca Wright. ...
09 September 2021
DSM receives first full market authorizations for methane-reducing feed additive Bovaer® for beef, dairy in Brazil, ChileRoyal DSM, a global science-based company active in nutrition, health and sustainable living, has received full regulatory approval from the Brazilian and Chilean authorities to commercialize Bovaer®, its novel methane-reducing feed additive for ruminants....
04 September 2021
Brazil halts China exports after confirming two BSE cases in meat plantsBrazil, the world's largest beef exporter, has suspended beef exports to its No. 1 customer China after confirming two cases of "atypical" bovine spongiform encephalopathy (BSE) in two separate domestic meat plants, the Brazilian agriculture ministry...
03 September 2021
Brazil’s Supreme Court weighs landmark case on indigenous land rightsBrazil's Supreme Court heard arguments for and against a cut-off date for land claims that indigenous people say are vital for their survival, while the government advocated for legal certainty for farmers in the agricultural powerhouse....
Brazil’s soy farmers are hoarding their crops in hopes that prices will riseBrazilian soybean farmers are keeping their crops instead of selling them because they expect prices to rise further as global supplies tighten, according to brokers, buyers and sellers in the world’s largest producer and exporter of the oilseed....
02 September 2021
Brazil investigates suspected case of mad cow diseaseBrazil’s agriculture ministry said on 1 September that it is investigating a suspected case of mad cow disease....
30 August 2021
Drought-struck Brazil expects September rainfall well below averageRainfall in key energy-producing regions of drought-struck Brazil is likely to remain well below average in September....
Brazil’s indigenous people protest ahead of crucial land rulingIndigenous groups in Brazil are demonstrating against a Supreme Court ruling that could leave lands previously held by the tribes open to agricultural development....
24 August 2021
Slaves to deforestation: Labor abuses fuel Brazil's Amazon destructionWhen labor inspectors arrived in a rural area of the Brazilian Amazon state of Para in late June, they expected to rescue illegal loggers working in slavery-like conditions. But the trees were already cut down and the loggers gone....
16 August 2021
Deforestation in Brazil's Amazon edges down but remains high under BolsonaroDeforestation in Brazil's Amazon rainforest fell 10% in July from a year earlier, after four straight monthly increases, but destruction remains far higher than before President Jair Bolsonaro took office....
11 August 2021
JBS joins COP26 Race to Zero Brazil summitsJBS CEO calls for COP26 to recognize that Brazilian agriculture is a key part of the climate solution....
05 August 2021
Latin America sees milk production bumpAccording to the latest update from Quarterra, milk production in Latin America has lifted 3.3% in the year to May compared to the same period last year, writes Bronwyn Magee, AHDB analyst. ...
16 July 2021
Brazil sees spate of corn contract washouts, threatening exports, traders sayWeather-related problems with Brazil's second corn crop have sparked a spate of companies exiting their contracts on washout clauses....
30 June 2021
Bill curtailing indigenous land rights advances in Brazil's CongressA bill allowing commercial agriculture and mining on protected tribal reservations in Brazil advanced in Congress on Tuesday 29 June in what indigenous leaders said could be the biggest setback since their land rights were guaranteed in the 1988 Constitution....
22 June 2021
Brazil considers law to track cattle suppliers as part of efforts to curb deforestationBrazil, home to the world's largest commercial cattle herd, will propose a new law to track cattle suppliers that sell animals to meat producers like JBS and Marfrig, as ranching is a key driver of deforestation....
14 June 2021
Brazil's Amazon deforestation surges 67% in May as Bolsonaro pledges fall flatDeforestation in Brazil's Amazon rainforest rose for a third consecutive month in May, preliminary government data showed on Friday 11 June, with President Jair Bolsonaro yet to follow through on his April pledge to boost funding for environmental enforcement....
11 June 2021
Brazil's imports of Argentine corn start to arriveThe first shipments of Argentine corn have begun to arrive in Brazil to where a national crop failure, record high prices and high demand from the meat industry has made companies such as BRF Brasil Foods SA and JBS SA turn to imports....
07 June 2021
JBS Fund for the Amazon approves 6 new projectsThe 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
Brazil finalizing rule to pay farmers to preserve landThe 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....
Shares in Brazil’s BRF soar after Marfrig seeks antitrust approval for BRF stakeShares 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
A court in Brazil rules that JBS must pay damages over COVID-19 outbreakA 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....
Brazil’s Marfrig seeks antitrust approval for its purchase of BRF sharesBrazilian 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
Brazil’s securities regulator accuses Marfrig CEO of insider tradingBrazilian 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
Marfrig becomes BRF’s top shareholder after buying $800 million stakeBrazil’s Marfrig Global Foods announced that it purchased almost a quarter of Brazil’s BRF SA’s outstanding shares....
21 May 2021
These nine ground-breaking innovations could transform South America's agriculture sectorThe 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
Brazil meatpackers JBS and BRF report being stung by feed costs in the home marketBrazilian 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....
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