Articles by Ana Mano | Manitoba Co-operator

JBS invests $19-million in safety measures amid COVID-19 pandemic

Sao Paulo | Reuters –Brazilian food processor JBS SA has invested more than 100 million reais ($19.3 million) in health, safety and contingency measures at all its Brazilian production units, according to a Wednesday company statement that comes as the novel coronavirus continues to ravage local meat plants. The company said the funds were invested

Livestock, Markets

JBS sees steady trade flows but flags export woes

By Ana Mano, GFM Network News March 26, 2020

Sao Paulo | Reuters — Brazil’s JBS, the world’s largest meatpacker, has said the COVID-19 coronavirus epidemic could cause container shortages, port disruptions and other logistics issues, but said trade flows should stay strong thanks to Chinese demand. In a conference call to discuss earnings results on Thursday, JBS executives said its export operations had

Crops

Dreyfus to cut costs amid trade jitters, swine fever

By Ana Mano, GFM Network News November 27, 2019

Sao Paulo | Reuters — Agricultural commodities giant Louis Dreyfus Co. (LDC) has launched a cost-cutting and reorganization drive in the face of difficulties confronting global trading houses, according to an internal memo seen by Reuters on Wednesday. LDC confirmed the memo’s authenticity in a statement, saying the company aimed to optimize its cost base

Hogs, Livestock

Brazil gets approval for 13 meatpacking plants for China exports

By Ana Mano, GFM Network News November 12, 2019

Sao Paulo | Brazil | Reuters – Chinese authorities approved new Brazilian meat exporting plants on Tuesday, according to the Brazilian agriculture ministry, a highly anticipated move as the two nations continue to strengthen trade ties. The approvals come as China seeks to increase meat imports to compensate for the death of around half of

Beef cattle, News

Brazil beef plants set for Chinese inspections

Amid swine fever outbreak, China seeks new protein sources

By Ana Mano September 30, 2019

Chinese health inspectors are evaluating four Brazilian beef plants as part of a push to approve new meat exporters amid an outbreak of swine fever, two people familiar with the matter told Reuters. Marfrig Global Foods SA owns one of the plants, located in the town of Várzea Grande in Mato Grosso state, according to

Beef cattle, Livestock

Brazil’s JBS says it uses satellites to monitor cattle suppliers

By Ana Mano, GFM Network News August 29, 2019

Sao Paulo | Reuters — The world’s largest meatpacker JBS SA is closely monitoring the origin of the cattle it buys in Brazil amid heightened concerns about environmental preservation and sustainable business practices, its CEO said Wednesday. Speaking at an industry event in Sao Paulo, JBS CEO Gilberto Tomazoni said the company is using satellite

Beef cattle, Livestock, Markets

Brazil halts beef exports to China after atypical BSE case

By Ana Mano, GFM Network News June 3, 2019

Sao Paulo | Reuters — Brazil has temporarily halted beef exports to China following an atypical case of BSE in leading farm state Mato Grosso, the agriculture ministry said on Monday. China, Brazil’s largest beef importer by sales, spent US$1.5 billion on Brazilian beef last year, totaling 322,400 tonnes or almost 20 per cent of

Livestock, Markets

JBS predicts profits will be stronger this year

By Ana Mano, GFM Network News March 29, 2019

Sao Paulo | Reuters — JBS SA executives said Friday the Brazilian meat company will deliver higher earnings in 2019 on strong demand for beef in the U.S. and Australia as well as growing Chinese demand for various proteins. Still, first-quarter results will reflect lower cattle availability in the U.S. due to rains and a

Beef cattle, Livestock, Markets

JBS posts narrower-than-expected quarterly loss

By Ana Mano, GFM Network News November 13, 2018

Sao Paulo | Reuters — Brazil-based food company JBS SA on Tuesday posted a narrower than expected quarterly loss on the back of a strong performance by its Seara processed foods and Brazil beef divisions, and resilience in certain of its U.S. operations. Seara booked net sales of 4.9 billion reais (C$1.72 billion) last quarter,

JBS shareholder Batista arrested in food sector corruption investigation

By Ana Mano, GFM Network News November 9, 2018

Rio de Janeiro | Reuters – Brazilian police arrested one of the controlling shareholders of meatpacker JBS SA on Friday in connection with an ongoing police inquiry into illegal campaign contributions while a local news outlet reported two former agriculture ministers were also arrested. A member of JBS’ controlling family Joesley Batista is expected only to

Feed weekly outlook: Barley bids drop ahead of harvest

Prairie cash wheat: Loonie, U.S. prices trigger steep declines

Managed money’s net long position grows in canola

GFM Network News

Feed weekly outlook: Barley bids drop ahead of harvest

Prairie cash wheat: Loonie, U.S. prices trigger steep declines

Managed money’s net long position grows in canola

Author Archives Ana Mano

JBS invests $19-million in safety measures amid COVID-19 pandemic

JBS sees steady trade flows but flags export woes

Dreyfus to cut costs amid trade jitters, swine fever

Brazil gets approval for 13 meatpacking plants for China exports

Brazil beef plants set for Chinese inspections

Brazil’s JBS says it uses satellites to monitor cattle suppliers

Brazil halts beef exports to China after atypical BSE case

JBS posts narrower-than-expected quarterly loss

JBS shareholder Batista arrested in food sector corruption investigation

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