Insights and Stories on Brazil

Jul. 31, 2017 at 3:24 pm CDT

Sao Paulo / Reuters – JBS SA, the world’s No. 2 food processor, has picked BNP Paribas SA to help sell Moy Park Ltd, which the company has put on the block, a person with direct knowledge of the matter said on Monday. JBS, whose controlling family has been ensnared […]

By Tatiana Bautzer

Jul. 11, 2017 at 8:02 pm CDT

Reuters — Dow Chemical said it had agreed to sell a portion of its corn seed business in Brazil to a unit of China’s CITIC Ltd. for US$1.1 billion as it seeks to gain approval for its merger with DuPont from the country’s antitrust regulator. The divestiture includes seed processing […]

By Reuters

Jun. 28, 2017 at 4:12 pm CDT

Winnipeg/Chicago | Reuters — Meat-importing countries from North America to Europe and Asia have tightened inspection standards for shipments from Brazil in a bid to protect consumers, following a probe into possible corruption involving inspectors. The Canadian Food Inspection Agency (CFIA) said on Wednesday that the tighter inspection standards it […]

By Rod Nickel, Tom Polansek

Jun. 23, 2017 at 3:58 pm CDT

Sao Paulo | Reuters — Brazil’s agriculture minister prepared to travel to the U.S. on Friday to fight a ban on imports of fresh Brazilian beef, which hit shares of local meatpackers and revived concerns about the image of the world’s largest beef exporter. “We will fight for this market!” […]

By Bruno Federowski, roberto-samora

Jun. 22, 2017 at 8:28 pm CDT

Chicago | Reuters — The United States halted imports of fresh Brazilian beef on Thursday, the U.S. Department of Agriculture said, after a high percentage of shipments failed to pass safety checks. USDA had “recurring concerns about the safety of the products intended for the American market,” after increasing tests […]

By Tom Polansek