Brazil Archives - Page 43 of 53

Brazil farm minister heads to U.S. over fresh beef ban

By GFM Network News June 23, 2017

Sao Paulo | Reuters — Brazil’s agriculture minister prepared to travel to the U.S. on Friday to fight a ban on imports of fresh Brazilian beef, which hit shares of local meatpackers and revived concerns about the image of the world’s largest beef exporter. “We will fight for this market!” said the minister, billionaire soy […] Read more

Beef Cattle, Livestock, Reuters

U.S. bans fresh Brazil beef imports over safety concerns

By GFM Network News June 22, 2017

Chicago | Reuters — The United States halted imports of fresh Brazilian beef on Thursday, the U.S. Department of Agriculture said, after a high percentage of shipments failed to pass safety checks. USDA had “recurring concerns about the safety of the products intended for the American market,” after increasing tests on Brazilian beef in March, […] Read more

Beef Cattle, Livestock, Reuters

Brazil blocks JBS deal, seeks asset freeze

By GFM Network News June 21, 2017

Brasilia | Reuters — A Brazilian judge has blocked JBS SA’s planned sale of a South American unit while the attorney general’s office urged the company’s assets be frozen, in signs of fallout from a corruption probe involving the controlling shareholders of the world’s No. 1 meatpacker. Federal Judge Ricardo Leite blocked JBS’s US$300 million sale […] Read more

Livestock, Reuters

Brazil federal police raid JBS on insider trade probe

By GFM Network News June 9, 2017

Sao Paulo | Reuters — Brazil’s federal police on Friday raided the offices of JBS SA to investigate the alleged use of insider information in financial market dealings, pushing shares in the embattled meatpacker to a two-week low. Police said there were indications that JBS and controlling shareholder FB Participacoes SA gained an unfair advantage […] Read more

Beef Cattle, Livestock, Reuters

JBS parent to pay record fine in leniency deal

By GFM Network News May 31, 2017

Brasilia/Sao Paulo | Reuters — J+F Investimentos, controlling shareholder of the globe’s largest meatpacker JBS SA, agreed to pay a record-setting 10.3 billion real (C$4.3 billion) fine for its role in corruption scandals that threaten to oust President Michel Temer, Brazilian prosecutors said. The settlement means that Brazil’s three-year sweeping graft investigations have now led […] Read more

Beef Cattle, Livestock, Reuters

JBS shares soar as speculation mounts over crisis fallout

By GFM Network News May 25, 2017

Cuiaba, Brazil | Reuters — Shares in JBS SA , the world’s largest meatpacker, spiked on Thursday as speculation mounted over its strategy for weathering the fallout from a corruption scandal centered on its owners. The stock closed 23 per cent higher, approaching levels last seen before the graft scandal rattled Brazil a week ago […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy rangebound

By GFM Network News May 24, 2017

CNS Canada –– Corn and soybean futures at the Chicago Board of Trade are expected to hold near-term ranges, as traders decide where to lay their focus amid a mix of factors. “Weather will dominate; that’s no surprise to anybody,” said Sean Lusk of Walsh Trading. That influence is likely to have a supportive effect […] Read more

Taste-testing during a Canadian Beef Advantage Seminar in Shanghai in 2013. (Canada Beef via YouTube)

Beef Cattle, Livestock, Markets, Reuters

U.S., China accelerate beef talks

By GFM Network News May 22, 2017

Chicago | Reuters — Talks on restarting U.S. beef exports to China are moving fast and final details should be in place by early June, the U.S. Department of Agriculture said on Friday, allowing U.S. farmers to vie for business that has been lost by rival Brazil. As part of a trade deal, U.S. ranchers […] Read more

Livestock, Reuters

Brazil watchdog opens new probes into JBS-related insider trading

By GFM Network News May 19, 2017

Sao Paulo | Reuters — Brazil’s securities regulator said it launched four new probes against meatpacker JBS SA and other companies controlled by J+F Investimentos on Friday to investigate suspicious trades made before markets were rattled by the revelation of a plea deal by the company’s top executives. In a statement late on Friday, CVM […] Read more

Crops, Markets, Reuters

U.S. grains: Corn hits one-week high on weather worries

By GFM Network News May 19, 2017

Chicago | Reuters — U.S. corn futures rose nearly two per cent on Friday and notched a one-week high as worries about cool temperatures and excessive rains in the Midwest prompted traders to cover short positions ahead of the weekend, analysts said. Soybeans firmed following Thursday’s three per cent selloff as Brazil’s currency stabilized. Wheat […] Read more

CFIA rejects beekeeper proposals on U.S. packaged bees

U.S. livestock: Cattle futures fall hard, hogs mixed

Alberta Crop Report: Scattered rains, crop conditions

GFM Network News

CFIA rejects beekeeper proposals on U.S. packaged bees

U.S. livestock: Cattle futures fall hard, hogs mixed

Alberta Crop Report: Scattered rains, crop conditions

Tag Archives Brazil

Brazil farm minister heads to U.S. over fresh beef ban

U.S. bans fresh Brazil beef imports over safety concerns

Brazil blocks JBS deal, seeks asset freeze

Brazil federal police raid JBS on insider trade probe

JBS parent to pay record fine in leniency deal

JBS shares soar as speculation mounts over crisis fallout

CBOT weekly outlook: Corn, soy rangebound

U.S., China accelerate beef talks

Brazil watchdog opens new probes into JBS-related insider trading

U.S. grains: Corn hits one-week high on weather worries

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