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Breaking News on Global Meat Trading and Processing

Regions > Brazil

Brazilian beef giant Marfrig to hire 4,500 new staff

Brazilian meatpacker Marfrig will create thousands of new jobs by reopening five slaughterhouses and scaling up production this year.

JBS net income drops in second quarter

JBS suffered a mammoth 80% year-on-year drop in income for the second quarter of the year, due to growing net financial expenses. 

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Lab-grown meat firm in talks to license tech

Hampton Creek has confirmed the Silicon Valley start-up is in talks to license its lab-grown meat technology to some of the world’s biggest meat companies.

Demand for quick meat to fuel poultry processing machinery growth

Demand for easy-to-cook meat will have a positive knock-on effect on the poultry processing equipment sector, which analysts expect to be buoyed by demand for added-value chicken.

Australian beef exports up for first time in two years

Australian beef exports are up year-on-year for the first time in 24 months, with more growth expected after Japan hit the US, Australia’s biggest competitor, with a hefty tax hike. ...

Brazilian chicken sales start to recover

Global Brazilian chicken exports are starting to grow again after the rotten meat scandal, with sales slightly ahead of last year.

JBS hires former USDA food safety chief

Brazilian meatpacker JBS has appointed the former head of the US government’s Food Safety and Inspection Service (FSIS) to overhaul meat quality control, following earlier claims of unhygienic standards.

Brazil beef exports rising after meat scandal

Brazilian beef exports appear to be returning to pre-scandal levels, with global shipments up by nearly a third in July, according to new data.

BRF vice-president quits amid ‘criminal’ trial

The vice-president of legal and corporate affairs at Brazilian meatpacker BRF, José Roberto, has resigned following a “criminal proceeding” against him. 

Marel taps into Brazil with Sulmaq acquisition

Marel will acquire Brazilian meat processing solutions provider Sulmaq for an undisclosed sum as it sees “growth potential” in South America’s food production industry. 

JBS rival Minerva Foods closes $300m takeover

Downsizing at the world’s biggest meatpacker JBS is fully under way after its rival, Minerva Foods, closed a $300m acquisition of beef assets in Argentina, Paraguay and Uruguay.

Bank deal helps JBS stabilise $6.5bn debt – for now

Meatpacker JBS SA has reached a deal with its lenders to stabilise the terms of billions of dollars in debt owed by its JBS Brazil unit.

Hot topic

No timeline on restoring Brazilian beef imports

Brazil needs to make serious progress on its meat inspections before any timeline can be set on lifting a US ban on imports of fresh beef, according to US agriculture...

Russia buys Brazilian pork due to lack of choice

Brazil pork exports are down amid political turmoil, but Russia, which has alienated the world’s biggest pig meat traders, has little choice but to buy Brazilian.

JBS puts more assets on the block with $40m Lakeside Feeders sale

JBS Food Canada will sell its feedlots to MCF Holdings for $40m as its Brazilian parent company, JBS SA, offloads more assets following million-dollar fines and a corruption scandal.

Court lifts JBS asset freeze

JBS has had its ban on the sale of assets to rival Minerva lifted by a Brazilian court, as the world’s largest meatpacker copes with the fallout from a corruption...

World Steak Challenge – video highlights

The juiciest cuts of sirloin, rib-eye and fillet were enjoyed at World Steak Challenge 2017 last week and here you can enjoy highlights of the event with this exclusive video reel.

World Steak Challenge – in pictures

Don’t miss these pictures from our third World Steak Challenge, which welcomed beef producers from 17 countries, entering what they believed were the greatest sirloin, rib-eye or fillet steaks in...

Meat prices rise for sixth month in row

Global meat prices have increased every month this year up to June, according to the Food and Agricultural Organization’s (FAO) Food Price Index.

Brazilian meatpacker to beef up production by a quarter

Marfrig, one of the giants of Brazilian meat processing, plans to boost domestic production by 25%, thanks to higher-than-expected cattle availability.

World Steak Challenge 2017 winner unveiled

A Polish steak has been crowned the winner of the World Steak Challenge 2017.

Antibiotic sales inject pace to ECO’s profit growth

Sales of ECO Animal Health Group’s (ECO) flagship antibiotic Aivlosin has helped the UK-based firm record a 75% pre-tax profit rise.

JBS changes structure after corruption scandal

Beleaguered Brazilian meat giant JBS has created an executive committee to advise its board directors as it seeks to distance itself from the government corruption scandal that has rocked Brazil. ...

Pilgrim's Pride ends farmer contract after animal cruelty claim

The US’s second largest chicken firm, Pilgrim’s Pride, has launched an investigation into welfare standards after an investigation uncovered alleged animal cruelty at its contract farm in Georgia.

Self-regulation to fight Brazilian slavery called for

Brazil’s agribusiness industry should adopt a strategy of self-regulation to eradicate modern-day slavery, according to a United Nations agency official leading anti-slavery work in South America’s largest country.

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