SUBSCRIBE

Breaking News on Global Meat Trading and Processing

Regions > Brazil

News in brief

World Steak Challenge sees surge in global interest

The number of participating nations in this year’s World Steak Challenge has increased by 60% since the inaugural event kick-off at London’s Hyde Park in September 2015.

Brazil to overtake US as world’s top meat exporter

Brazil will continue to challenge the US for the position of being the world’s biggest meat producer and exporter over the next decade, according to government estimates.

Brazil: Marfrig posts loss after real beef problems

A strong Brazilian real dented income for meat packer Marfrig, which posted a loss of R$132 million ($41.3m) in its second-quarter results up to 30 June.

Rio Olympics 2016 hype sees fake beef boom

The Olympic Games is proving a major boost for Brazilian beef sales in China but consumers have been warned of unscrupulous meat vendors and beef masquerading as Brazilian.

World Steak Challenge enters crucial period

There is less than one month left to enter the World Steak Challenge – a competition to find and reward the greatest sirloin steaks in the world.

JBS profits rise but headwind intensifies

Brazilian meat business JBS posted increased net revenue for the second quarter of 2016, but said it faced “significant cost increases” in raw materials, particularly in Brazil.

Tyson Foods posts record earnings

Meat supplier Tyson Foods has grown ahead of expectations after posting record third-quarter earnings as a focus on prepared foods and value-added chicken helped operating income surge.

US-Brazil beef deal offers ‘strong opportunity’

Two-way beef trade between US and Brazilian food companies will help forge a strong partnership for the two global powers, the North American Meat Institute claims.

Brazil and US agree bilateral beef trade deal

The US and Brazil have completed a long-awaited two-way trade deal for beef exports, with a flow of meat expected to start in 90 days.

‘Controversial’ study says meat and sugar equally bad

Meat is just as bad as sugar when it comes to obesity causes and national dietary guidelines should recommend eating less meat, according to Australian researchers.

Meat processor BRF posts drop in profits

Brazilian food processor BRF posted a near-quarter drop in pre-tax profits as the soaring price of corn dented pork and poultry operations.

Marfrig wants to be ‘global leader’ in environmental sustainability

Marfrig is one of the largest meat companies in Brazil and has radically changed how it produces beef to halt the deforestation of South America and protect the environment.

Latin America: US meat exporters hail red tape cuts

Free trade agreements and less red tape have supported growth in South America, but consumers need educating on American protein, the US Meat Export Federation (USMEF) has warned.

JBS not directly targeted in corruption sting

Brazil’s JBS claims it has not been harmed by Brazilian police raids earlier this month as the country’s ongoing corruption investigations - dubbed ‘Operation Sepsis’ - continue.

FAO: Global price of meat up

The price of a shopping basket of meat products increased for the third month in a row, according to the Food and Agricultural Organisation’s (FAO) Meat Price Index.

GlobalMeatNews Survey

Russian trade ban inflicts maximum damage

Russia’s politically-motivated decision to slash meat imports continues to be a bloody thorn in the side of the meat industry, according to an exclusive GlobalMeatNews survey.

News in brief

BRF spin-off creates halal unit

Brazilian meat processor BRF has announced plans to set up a subsidiary tasked with strengthening the meat giant’s supply of meat to Muslim consumers.

Brazil floods China with beef

Australia has been overtaken by Brazil as China's primary source of beef following a surge in Brazilian beef exports to the country, according to Rabobank.

EU urged to think differently on hormone disruptors

Farming body Copa-Cogeca has questioned the European Commission’s draft law on defining hormone disruptors, suggesting a risk-based approach would be better.

Currency pressure hits US pork exports to Mexico

Volatility in the foreign exchange market caused US pork exports to Mexico to nosedive in the first quarter of the year.

Profits ‘lower than anticipated’ for livestock shipper Wellard

Wellard Ltd, one Australia’s foremost livestock transporters, is braced for a drop in earnings, with the high price of cattle expected to dent full-year trading figures.

Meat plant closure puts 550 jobs at risk

Up 550 jobs are threatened as a result of the winding down of two Brazilian poultry plants, owned by meat processor BRF. 

Argentina president talks to meat firm to boost economic growth

Argentina’s reform-minded president Mauricio Macri met with executives of BRF this week, as the meat processor eyes up a mouth-watering investment in South America’s third-largest economy.

Meat companies fail to report soy use

A string of European meat processors, including Danish Crown and Moy Park, failed to disclose the source of soybeans this year, raising questions about their commitment to environmental sustainability.

HKScan to use ethical soy

HKScan is committed to using responsibly sourced soybeans, a key ingredient used in animal feed, to halt the deforestation of South America.

On demand Supplier Webinars

Science behind Dow Food Solutions
Dow Pharma & Food Solutions
All supplier webinars