Brazil
Brazil has suspended beef exports to China as a result of the discovery of a BSE-infected cow.
Smithfield Foods, the world’s largest pork producer, is buying Brazilian corn as U.S. plantings fall behind due to wet weather.
A memorandum of understanding signed to ‘deepen discussions’ about combining businesses would bring scale and savings in global meat business.
JBS SA, joins Tyson and Cargill with investments in the growing alternative protein category.
More Brazilian fresh beef, pork and poultry is headed to China, thanks to a new partnership announced between JBS S.A. and China’s WH Group, a publicly traded Chinese meat and food processing company.
JBS SA, the world’s biggest meat producer, said it plans to increase exports to Asia after paying $1.3 billion to buy Primo Group, the largest producer of ham and bacon in Australia and New Zealand.
Soybean prices in the U.S. and Brazil, the nations that account for roughly 80 percent of global exports, have taken drastically different paths thanks to Donald Trump’s trade war.
An outbreak of classical swine fever (hog cholera) has been reported in a remote region of Brazil on Oct. 6. The Brazil agricultural ministry says the discovery will have no impact on hog health or pork exports.