Insights and Stories on Minerva

Brazil’s JBS bought 301,000 cattle from ‘irregular’ farms in Amazon, audit finds

Oct. 7, 2021 at 4:12 pm CDT

Sao Paulo | Reuters — Nearly a third of the cattle bought by JBS SA in the Brazilian Amazon state of Para came from ranches with “irregularities” such as illegal deforestation, prosecutors found in a 2020 audit of the world’s largest meatpacker released on Thursday. In a presentation, federal prosecutors […]

Brazil lifts suspension of beef exports to China

Jun. 14, 2019 at 2:31 am CDT

By Reuters

Brazilian top court justice upholds barring JBS asset sale

Jul. 3, 2017 at 12:32 pm CDT

By Reuters

Brazil farm minister heads to U.S. over fresh beef ban

Jun. 23, 2017 at 3:58 pm CDT

By Bruno Federowski roberto-samora

Brazil blocks JBS deal, seeks asset freeze

Jun. 21, 2017 at 3:33 pm CDT

By Cesar Raizer Lisandra Paraguassu

JBS says Pilgrim’s Pride stake not for sale

Jun. 7, 2017 at 3:37 pm CDT

Chicago | Reuters — Brazilian meat packer JBS SA’s core U.S. assets, including its majority stake in Pilgrim’s Pride Corp., are not for sale, the company said on Wednesday, a day after announcing a deal to sell Argentine operations. U.S. chicken company Pilgrim’s Pride is critical to JBS’ long-term strategy […]

By Tom Polansek

JBS sells LatAm units to Minerva

Jun. 6, 2017 at 5:48 pm CDT

Sao Paulo | Reuters — JBS SA has agreed to sell plants in Argentina, Paraguay and Uruguay to rival Minerva SA for US$300 million, as the world’s largest meatpacker seeks cash to weather a corruption scandal that caused a spike in funding costs. JBS will use proceeds from the transaction […]

By Ana Mano