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13 Current news from brazil

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Marfrig issues sustainability bonds

05-Aug-2019

Marfrig Global Foods, one of the world’s leading beef producers, today announced the issue of sustainable bonds in the international market. The US$500 million, 10-year offering, with coupon of 6.625%, is the longest and cheapest issue carried out by the company, and is being coordinated by ...

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Lactalis announces its Acquisition of Itambè

Becoming Brazil´s largest player in the dairy industry

15-Jul-2019

Lactalis do Brasil, a subsidiary of Groupe Lactalis, announces the closing of its acquisition of the Itambé cooperative. This acquisition makes Lactalis the largest player in Brazil’s dairy industry. Both companies together will generate revenues of € 1.5 billion, thus becoming the Group’s ...

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BRF analyzes potential business combination with Marfrig

The new company would be an industry leader in Brazil, United States, Latin America, Middle East and Asia

06-Jun-2019

BRF signed today a memorandum of understanding with Marfrig for the two companies to assess the possibility of combining their businesses. The companies will have a period of 90 days, which may be extended for an additional 30 days, to conduct more studies and determine the terms of a final ...

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Brazil suspends beef exports to China due to 'mad cow' case

04-Jun-2019

Brazil is suspending beef exports to China after confirming a case of "mad cow disease," describing it as an isolated instance with no evidence of any widespread outbreak.A spokesperson for Brazil's agriculture ministry said Monday the suspension of exports was implemented automatically after the ...

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Cappuccino made with jackfruit seed flour has chocolate aroma

30-Oct-2018

Cappuccino made with jackfruit instead of cocoa powder. According to a new study, roasted jackfruit seeds can replace between 50% and 75% of the cocoa that is blended with milk and coffee to make cappuccino without impairing flavor or aroma. "Flour made from roasted jackfruit seeds naturally ...

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Key gene to accelerate sugarcane growth is identified

09-Aug-2018

Despite international breeding efforts, advanced agronomy and effective management of pests and diseases, sugarcane yields have been static for decades owing to constraints on culm development. The culm's sugar storage capacity is physically limited, restricting the volume of sucrose and biomass ...

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EU bans meat imports from 20 Brazilian plants

20-Apr-2018

The European Union has decided to ban meat imports from 20 Brazilian plants amid concerns about sanitary controls, a move that the Latin American country plans to contest at the World Trade Organization. The decision made by EU member states on Thursday mainly affects poultry, but will only take ...

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Brazil halts poultry exports to EU from company under probe

19-Mar-2018

Poultry exports from a major Brazilian food processer destined for the European Union were suspended Friday by the government amid questions about the presence of salmonella. The Agriculture Ministry said in a statement that 10 of BRF's production sites are affected by the measure, which it ...

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Brazil meatpacker JBS sells 3 units for $300 million

07-Jun-2017

Brazilian meatpacking giant JBS says it has sold its units in Argentina, Paraguay and Uruguay to companies controlled by a rival meat processing company in Brazil. JBS said in a Tuesday securities filing that it sold the three meat processing plants for $300 million to Minerva in Sao Paulo ...

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Brazil meat exports collapse in wake of inspection scandal

22-Mar-2017

Brazil's meat exports effectively collapsed this week, the agricultural minister said Wednesday, as several countries halted imports from the South American country in the wake of a meat inspection scandal. Brazil is struggling to contain the scandal, in which investigators say that health ...

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