Insights and Stories on JBS

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. 21, 2017 at 7:08 pm CDT

Lapa, Brazil | Reuters — Brazil’s federal police and agriculture ministry said late Tuesday that sanitary and corruption problems found in the nation’s meatpacking industry were isolated incidents, an attempt to tamp down a scandal that has led the Latin American nation’s biggest export markets to ban its meats. Since […]

By Stephen Eisenhammer

Mar. 20, 2017 at 9:03 pm CDT

Chicago | Reuters –– Global beef buyers will likely need to cobble together supplies from several nations if a scandal persists in Brazil’s meat sector because supply constraints and politics are already limiting trade flows, market analysts said Monday. China suspended imports of all meat products from Brazil, the world’s […]

By Theopolis Waters, Tom Polansek

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