(Adds details from earnings statement) SAO PAULO, May 14 (Reuters) - Brazil’s JBS SA , the world’s largest meat-packer, on Tuesday reported a net profit of 1.64 billion reais ($319.74 million) for the first quarter,
China will allow imports of pig origin protein feed and pork offal from France effective immediately, according to statements from Chinese customs and the French farm ministry.
Inclement weather has forced meatpackers to fully or partially halt operations at 10 pork or poultry plants in Brazil’s southernmost state of Rio Grande do Sul, meat lobby ABPA said on Monday.
Tyson Foods surpassed Wall Street expectations for second-quarter profit on Monday, as it begins to reap the benefits of shutting some chicken processing plants to reduce costs.
Brazil declared itself as free of foot and mouth disease without vaccination, and will request World Organization for Animal Health to recognize that status as it seeks to open more markets for its meat exports.
Federal officials are seeking to verify the safety of milk and meat after confirming the H5N1 virus in nine states since late March. The public health risk is low, but is higher for those exposed to infected animals.
Colombia has restricted the import of beef and beef products coming from U.S. states where dairy cows have tested positive for H5N1 as of April 15, according to USDA.
China’s pork output eased in January-March from a year earlier, the first quarterly decline in nearly four years, as farmers slaughtered fewer pigs to support a recovery in hog prices.
China’s pig herd will remain in surplus this year despite new government targets to tame oversupply, officials said, as the world’s biggest pig breeder struggles to stage a recovery for multi-year low hog prices.
