GFM Network News

( via Flickr)

Exporters fear Brazil agents’ strike could hurt corn exports

Sao Paulo | Reuters — A strike by Brazilian federal agricultural agents responsible for approving certificates required for shipments could affect Brazil’s corn exports, the director of the cereal exporters association Anec Sergio Mendes said Friday. Mendes said the strike that started on Thursday was “the worst thing that could happen” to grain exports, though

Brazil food safety agents start open-ended strike at ports

Food safety inspectors responsible for clearing agricultural goods at Brazilian ports went on an open-ended strike Friday morning, saying there was political mismanagement and businesses were meddling in their agency. Wilson Roberto de Sa, president of federal food safety inspectors union ANFFA, said more than 80 per cent of the agents who clear all of

Dock worker strike exposes weak link for Brazilian export powerhouse

The government wants to privatize 
158 ports to attract private investment, 
but workers fear a loss of jobs

Reuters / Dock workers shut down the movement of global commodities through Brazilian ports early Feb. 22 during a six-hour strike to protest the government’s plan to overhaul regulations and put more than 150 terminals in the hands of the private sector. The short-lived work stoppage provided a glimpse of what could turn out to

China Food Demand Boosts Brazil Growers’ Profits

Brazil growers will reap healthy profits from the 2010-11 grain crop, despite the high cost of getting goods to port, because strong demand from China is supporting prices, consultants MB Associados said. Despite the downward correction in world commodities prices in the past week, futures prices of commodities from grains to iron ore are still

Tractors Moving Faster In Brazil With Cheap Loans

Farm machinery sales in Brazil should recover in 2010 from a crisis-driven slump, as producers take advantage of state-subsidized loans to renew equipment or mechanize for the first time. The government of the South American agricultural powerhouse introduced subsidized loans for the purchase of machines like tractors and harvesters in an effort to staunch an

Brazil’s JBS Drops U. S. National Beef Bid

Brazil’s JBS, the world’s largest beef producer and owner of JBS-Swift, has abandoned its attempt to take over U. S. meat company National Beef Packing Co., saying it could not work out an agreement with U. S. authorities over terms of the deal. JBS became the No. 3 U. S. beef producer in 2008 when