(JBSS.infoinvest.com.br)

Brazilian meatpackers slump on import curbs

Sao Paulo/Beijing | Reuters — Fallout from a meatpacking industry scandal in Brazil, the world’s biggest exporter of beef and poultry, widened on Monday as China, the EU, South Korea and Chile curtailed meat imports from the country after inspectors were accused of taking bribes to allow sales of tainted food. With other import curbs

(JBSS.infoinvest.com.br)

Brazil police raid BRF, JBS meat plants in bribery probe

Sao Paulo/Curitiba, Brazil | Reuters — Brazilian police raided the premises of global meatpacking companies JBS SA and BRF SA on Friday, as well as dozens of smaller rivals, in a crackdown on alleged bribery of health officials that could threaten US$12 billion in annual exports. The probe, known as “Operation Weak Flesh,” found evidence


(JBSsa.com)

JBS sees margins up in 2017 as feed, cattle costs fall

Sao Paulo | Reuters — Brazilian meatpacking giant JBS SA expects profit margins to improve over the course of this year, CEO Wesley Batista said on Tuesday, as lower cattle and feed costs and healthier markets ease the pressures that hurt 2016 results. JBS shares rose two per cent in Sao Paulo despite lower-than-expected earnings

Oil World forecasts record Brazilian soybean crop in 2017

At the same time the Argentine crop 
doesn’t look as good

Brazil’s soybean crop in early 2017 is likely to reach a record 105 million tonnes against 95.4 million tonnes last year, helping to boost Brazilian soybean exports, Hamburg-based oilseeds analysts Oil World has forecast. “Under the lead of Brazil, South American soybean exports are now increasing sharply,” Oil World said. “Brazilian exports will be up






(CIA.gov)

Brazil’s female farmers occupy government offices

Rio de Janeiro | Thomson Reuters Foundation — Hundreds of female farmers in Brazil occupied rural government offices on Wednesday in protest against austerity plans which they say disproportionately impact poor women. Protesters who marched across several cities on International Women’s Day said pension reforms and other changes to social security will make it harder


(Lisa Guenther photo)

CBOT weekly outlook: Soybeans facing bearish headwinds

CNS Canada — All eyes in the agricultural commodity world are focused on the release of the U.S. Department of Agriculture’s next World Agriculture Supply and Demand Estimates report due out Thursday. However, unless there’s a major surprise contained within the report, it’s hard to see the bias pointed higher for soybeans, according to an