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Wednesday, May 19, 2021
Shares of major Brazilian meatpackers fall following Argentina's beef export ban
Major Brazilian meatpackers Marfrig and Minerva saw their shares fall following Argentina's 30-day beef export ban, which affected their operations in that country, Reuters reported.
Tuesday, May 18, 2021
JBS to invest US$351 million to expand its presence in Brazil's Parana state
Major Brazilian meatpacker JBS SA said it will invest BRL 1.85 billion (~US$351.39 million; BRL 1 = US$0.19) in Parana state to build a new processed foods factory and expand the capacity of an existing plant there by 25%, Reuters reported.
Monday, May 17, 2021
Biggest pig slaughterhouse in Latin America to be set up in Paraná, Brazil
The inauguration of the biggest pig slaughterhouse in Latin America is scheduled for 2023 in Assis Chateaubriand, the western region of Paraná, Brazil.
Monday, May 10, 2021
Bahia, Brazil leads debate on creating strategic plan to tackle classical swine flu
The Brazilian state of Bahia had - through the State Agricultural Defense Agency (ADBA) - led the first national debate on the development of a national strategic plan for Brazilian states to be free of classical swine fever (CSF).
Friday, May 7, 2021
Saudi Arabia suspends poultry imports from Brazil
Saudi Arabia has suspended poultry imports from 11 Brazilian processing plants without any prior notice or explanation, Bloomberg reported.
Wednesday, May 5, 2021
Global grains merchants and Brazilian soy farmers dispute over agreements
Global grains merchants are monitoring Brazilian soy farmers to ensure the farmers deliver promised crops and do not seek a different buyer, as prices for soybeans have doubled since the agreements were made, Reuters reported.
Monday, May 3, 2021
Corn prices increase due to tight supply, rising demand, says Brazil's CEPEA
Restricted supply and rising demand have been pushing corn prices up since mid-February, according to researchers from Brazil's Center for Advanced Studies in Applied Economics (CEPEA).
Monday, April 26, 2021
Major Brazilian meatpackers turn to wheat as corn prices surge
Brazilian meat lobby ABPA said major meatpackers in the country are turning to wheat as a livestock feed alternative with corn prices surging, Reuters reported.
Wednesday, April 21, 2021
China's March soybean imports from the US increases, Brazilian imports plunge
China increased its United States soybean imports by fourfold as delayed cargoes arrive, reaching the highest monthly total since December 2016, while Brazilian soybean imports dropped as shipments from Brazil are delayed due to rains, Reut ...
Wednesday, April 21, 2021
Brazil's ABPA says the US and Ukraine will benefit from soybean and corn tariff waivers
Ricardo Santin, president of Brazilian meat lobby ABPA, said the government's decision to suspend import tariffs for soybean and corn will benefit the United States and Ukraine, as two countries could export corn to Brazil as livestock feed ...
Tuesday, April 20, 2021
Brazil Agriculture Ministry suspends import duties on soy and corn until end-2021
Brazil's Agriculture Ministry has suspended import duties on soy, soybean meal, soybean oil, and corn until the end of this year as the country looks to slow down inflation caused by surging commodities prices globally, Reuters reported.
Monday, April 19, 2021
Conab: Brazil's domestic meat supply remains stable
The amount of meat available on Brazil's domestic market has stayed stable, despite fluctuations, according to the country's national agricultural agency, Companhia Nacional de Abastecimento (Conab).
Monday, April 19, 2021
Brazil's pork exports reach 109,200 tonnes in March
Brazil's pork exports, including fresh and processed products, amounted to 109,200 tonnes in March - a 51.5% increase from March 2020 which saw 72,100 tonnes exported, according to the Brazilian Association of Animal Protein (ABPA).
Thursday, April 15, 2021
Beefpackers in Brazil stop production as cattle prices surge
Multiple small, medium, and large beefpackers in Brazil have stopped production in some locations following a rise in cattle prices that can't be passed to consumers, with declining demand also a contributing factor, Reuters reported.
Tuesday, April 13, 2021
Beef facilities in Brazil stop production as increased costs squeeze margins
Operations at some beef production sites in Brazil have been suspended as increased costs that cannot be passed through to consumer prices have squeezed beefpackers' margins, sources and industry representatives told Reuters.
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