brazil beef imports

Groups React to Brazil Beef Announcement

Dan Dairy & Livestock, Industry News Release

Ag groups are weighing in on Secretary of Agriculture Sonny Perdue’s announcement that the U.S. has suspended all fresh beef imports from Brazil due to safety concerns. National Cattlemen’s Beef Association President Craig Uden supports the move to suspend Brazilian imports because it’s a result of USDA’s science-based testing protocol of imported beef. “This proves our food safety system works …

jbs

Brazil State-controlled Bank Cuts Credit Lines to JBS SA

Dan Dairy & Livestock, Industry News Release

A state-controlled bank in Brazil has cut credit lines to meat processor JBS SA, following the plea bargain deal in which the company’s majority owner admitted paying bribes to Brazilian politicians. Meat industry publication Meatingplace reports the bank decided to review the conditions of JBS’ credit limit, and of a loan expiring in 2018. Reuters previously reported that the Brazilian …

U.S. Cattlemen’s Association Heads to Washington

Dan Dairy & Livestock, Industry News Release

The United State’s Cattlemen’s Association will bring a delegation of producers to Washington D.C. this week to talk issues with legislators. States represented at the fly-in will include Arizona, Indiana, Kansas, Montana, Nevada, North Dakota, Ohio, South Dakota, and Texas. USCA President Kenny Graner says this is an opportunity for cattlemen to put a face on the issues being debated …

probes

Brazil Launching Four New Probes Into JBS

Dan Industry News Release

Brazil’s securities regulator announced it’s launching four new probes into meatpacker JBS and other companies also controlled by J & F Investments. The probes are looking into suspicious trades made just before markets were rattled by the news of a plea deal by the company’s top executives. The investigation is looking into signs of “possible insider trading” of foreign exchange …

Brazil meat Companies Lost $1.5 Billion after Investigation

Brazil meat Companies Lost $1.5 Billion after Investigation

Dan Dairy & Livestock, Industry News Release

Meat companies in Brazil lost the U.S. equivalent of $1.52 billion after the nation’s federal police announced an investigation into a tainted meat scandal. Meat industry publication Meatingplace reports an economic measure of the losses discovered the declines that followed an investigation which stopped virtually all exports from Brazil for a brief time. The bulk of the losses were attributed …

brazil

63 Indictments in Brazil Tainted Meat Scandal

Dan Dairy & Livestock, Industry News Release 15 Comments

Brazil has indicted 63 people for their role in a corruption scheme within the nation’s Ministry of Agriculture. Drovers Cattle Network reports the charges allege federal auditors at meat processing facilities took bribes for years in exchange for fraudulent sanitary permits. Suspects in the case are charged with falsifying medical records and certificates, tampering with food products, conspiracy and corruption. …

r-calf

U.S. Petition Seeks Brazilian Beef Ban

Dan Dairy & Livestock, Industry News Release, Trade 11 Comments

An online petition is seeking a ban on beef imports to the U.S. from Brazil. Posted on the White House’s We the People Website, the petition cites Brazil’s tainted meat scandal in asking the administration to ban “unsafe imports” from Brazil until all beef in the U.S. is sold with a country-of-origin label. Food Safety News reports the petition was …

soybean harvest

Some Brazil Soybeans Very Muddy

Dan Industry News Release 2 Comments

Brazil’s top soybean producing state, Mato Grosso, has soybean fields ready for harvest but are so muddy it’s difficult to walk through, let alone drive a combine through. A Bloomberg report says a week of persistent rainfall has caused some soybeans to begin fermenting. The beans have become engorged their pods, which have started to open as the oilseeds begin …

planting

Soybean Planting in Brazil Arrives with Concerns

Dan Field & Row Crops, Industry News Release 0 Comments

Soybean planting in Brazil starts on September 15, but the Agri Money Dot Com website said it’s starting this year under pressure from prices, tight credit, and dry weather. There’s a few worries about the quality of available seeds as well. Crops are not actually allowed in fields before September 15 as the country tries to cut down on the …