Insights and Stories on Brazil

Apr. 7, 2017 at 4:49 pm CDT

Chicago | Reuters — U.S. corn futures drifted to a one-week low on Friday as traders adjusted positions ahead of a monthly U.S. government report that analysts expect to show rising grain inventories and big South American crops. Soybeans closed narrowly mixed but the most-active contract posted a fifth weekly […]

By Julie Ingwersen

Mar. 24, 2017 at 8:52 pm CDT

Sao Paulo | Reuters –– Brazil’s meat exports have fallen sharply since a police investigation into alleged bribery of food-sanitation inspectors in the world’s top beef and poultry exporter sparked a wave of trade bans, an industry group said on Friday. Import restrictions by several key importers of Brazilian meat, […]

By Alberto Alerigi, Thais Freitas

Mar. 23, 2017 at 7:17 pm CDT

Sao Paulo | Reuters — Brazil’s JBS SA, the world’s biggest meatpacking company, announced on Thursday it had suspended beef production at 33 of its 36 Brazilian plants amid the corruption scandal that has caused some of the country’s biggest export markets to ban Brazilian meats. Agriculture Minister Blairo Maggi […]

By Brad Haynes, Tatiana Bautzer

Mar. 23, 2017 at 6:16 pm CDT

Sydney | Reuters — Australia and China are expected to sign new bilateral agreements on beef exports, energy and security during a four-day visit by Chinese Premier Li Keqiang that began on Thursday. Li, the first sitting Chinese premier to visit Australia in 11 years, was welcomed to parliament in […]

By Colin Packham

Mar. 22, 2017 at 3:37 pm CDT

Brasilia | Reuters — Brazil’s meatpacking industry has been badly damaged by a police investigation into alleged unsanitary and corrupt practices, and could lose upward of 10 per cent of its global market share, Agriculture Minister Blairo Maggi said Wednesday. Maggi told a Senate committee that the main concern was […]

By Reuters