(File photo by Dave Bedard)

Cargill’s Q3 profit up on ingredient, protein demand

Chicago | Reuters — Global commodities trader Cargill reported a higher quarterly profit on Wednesday as strong earnings from its food ingredients and protein units more than offset lagging results from South American grain trading and processing. The privately held company has been streamlining its operations to focus on higher-margin businesses such as food ingredients […] Read more



(JBSsa.com)

JBS weighs suspending U.S. IPO

Sao Paulo | Reuters — Brazil’s JBS SA, the world’s biggest meatpacking company, will decide in coming days whether to suspend listing its overseas operations after a corruption scandal, newspaper Folha de S. Paulo said Monday. A person involved in the deal told Reuters last week JBS had no intention of delaying the US$1 billion […] Read more

(JBSS.infoinvest.com.br)

‘Operation Weak Flesh’ takes bite out of Brazil’s meat exports

Sao Paulo | Reuters –– Brazil’s meat exports have fallen sharply since a police investigation into alleged bribery of food-sanitation inspectors in the world’s top beef and poultry exporter sparked a wave of trade bans, an industry group said on Friday. Import restrictions by several key importers of Brazilian meat, ranging from China to Europe, […] Read more



(Photo courtesy Canada Beef Inc.)

Brazil fears lost market share for meat industry

Brasilia | Reuters — Brazil’s meatpacking industry has been badly damaged by a police investigation into alleged unsanitary and corrupt practices, and could lose upward of 10 per cent of its global market share, Agriculture Minister Blairo Maggi said Wednesday. Maggi told a Senate committee that the main concern was with the China and Hong […] Read more


(Dave Bedard photo)

Tim’s, Burger King to tighten broiler welfare standards

The owner of the Tim Hortons and Burger King fast food chains plans to have the broiler chicken producers supplying its Canadian and U.S. outlets meet a tighter set of welfare standards within the next seven years. Restaurant Brands International (RBI) announced on its website it will be “pursuing alignment” with Global Animal Partnership (GAP) […] Read more