Insights and Stories on Brazil

Mar. 20, 2017 at 6:18 pm CDT

Chicago | Reuters — U.S. wheat futures fell on Monday, led lower by a 1.9 per cent drop in K.C. hard red winter wheat amid forecasts for improving weather for crop development in key U.S. growing areas. “The U.S. Plains were dry over the weekend, but the next precip(itation) chance […]

By Mark Weinraub

Mar. 20, 2017 at 4:45 pm CDT

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 […]

By Brad Brooks, Dominique Patton

Mar. 17, 2017 at 4:53 pm CDT

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 […]

By Brad Haynes, Sergio Spagnuolo

Mar. 14, 2017 at 6:33 pm CDT

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 […]

By Brad Haynes, Paula Laier

Mar. 10, 2017 at 5:50 pm CST

Chicago | Reuters — Chicago Board of Trade soybean futures fell to a two-month low on Friday as the ongoing harvest of a projected record-large Brazilian soy crop threatened U.S. export prospects, traders said. Corn and wheat followed the weak trend, despite a setback in the U.S. dollar. CBOT May […]

By Julie Ingwersen