GFM Network News


Brazil importing soy, food staples as prices soar

The surprising move is part of ongoing global food supply chain disruptions

Reuters – Brazil, one of the world’s largest agricultural producers, is importing food staples including soybeans due to a rise in domestic prices, President Jair Bolsonaro said in a video posted on social media. Brazil’s turn to imports is the latest disruption to the global food supply chain as soybean prices hover around four-year highs,

JBS vows to monitor whole cattle supply chain’s impact on Amazon

Packer plans to move against cattle 'laundering'

Sao Paulo | Reuters — JBS SA, the world’s top meatpacker, said Wednesday it plans to combat destruction in the Amazon by monitoring its entire supply chain for deforestation by 2025, as pressure mounts from environmentalists and investors. Brazilian meatpackers are facing increasing criticism that beef production is fueling deforestation in the Amazon, where cleared



Total Brazilian beef exports in January to October 2019 were 1.5 million tonnes.

Chinese demand pushes Brazil beef prices to record high

A significant number of local processors can now export to China

Reuters – Brazil’s famous barbecue is getting more expensive as Chinese demand is increasingly swallowing up the country’s beef supply, pushing Brazilian cattle prices to a record high. China’s hunger for foreign meat has shot up as an outbreak of African swine fever has decimated its domestic pig population and has sent it looking for substitutes. Chinese imports of

A man works next to a truck unloading second corn (winter corn) near Sorriso 
in the Mato Grosso state, Brazil.

Lack of rain puts Brazil corn crop at risk

Soy planting delays will mean a very tight window to plant ‘second corn’

Reuters – Delays in Brazil’s soybean planting due to scarce rainfall may affect sowing of the country’s second corn crop, which is planted after the oilseed is harvested and represents about 73 per cent of the South American output. “There is a lot of risk for the (corn) crop,” Antonio Galvan, head of the Mato Grosso state grain growers’ association,


Brazil farmers push traders to end Amazon soy moratorium

Sao Paulo | Reuters – Brazilian farmers plan to start a campaign next week to end a ban by trading firms on buying soybeans from parts of the Amazon rainforest cleared after 2008, leaders from a major farmer group told Reuters, citing support from President Jair Bolsonaro. The push to end traders’ voluntary “soy moratorium” — one


Brazil judge suspends use of glyphosate herbicide

Sao Paulo | Reuters – A Brazilian judge has suspended the use of products containing the agrochemical glyphosate, a herbicide widely employed for soybeans and other crops in the country. A federal judge in Brasilia ruled on Friday that new products containing the chemical could not be registered in the country and existing registrations would