The Brazilian meatpacking giant JBS says it has sold its units Mercosur members, 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 meat processing plants in the three countries for US$300 million to Minerva in Sao Paulo state.
A trial has begun in South Dakota over a meat processer's claim that it was defamed by ABC News reporting that dubbed its product pink slime. Beef Products Inc (BPI) argues ABC and its journalist ruined its reputation in 2012 reports on lean finely textured beef, as the industry calls it.
Encouraging news for Brazil's economic recovery: industrial output increased in April for the first time since December and the trade surplus rose to a record US$ 7.661bn during May, according to government data. Exports boosted by a record soy crop and rising auto sales reached US$ 19.8bn and imports US$ 12.2bn
Falklands' Acting Governor Alex Mitham looks back on the past year of activity for the Falkland Islands Government. The ceremony took place on Tuesday morning at the Court and Assembly Chambers during the Budget meeting of the Legislative Assembly
Global food commodity prices fell in April amid expectations of ongoing robust supplies of many key staples. The FAO Food Prices Index averaged 168 points in April, down 1.8% from March although remaining 10% higher than a year earlier.
Brazilian police on Tuesday opened two separate investigations into whether certain food companies improperly received favorable treatment from the Agriculture Ministry, the latest probe ensnaring the powerful farming sector. The probes into whether inspection procedures were relaxed for meatpacking, dairy and other food companies come two months after industry leaders JBS SA and BRF SA were rocked by allegations of bribing food inspectors.
“This is, probably, the largest tasting of Argentine wines to have ever been held in the United Kingdom”, read the introductory note from the renowned British wine expert and journalist Tim Atkin for the showcasing of the fifth edition of his annual report entitled “the top 100 Argentine wines” at the Ambassador’s Residence.
More than 40,000 animals were processed during the last Falkland Islands Meat Company season. FIMCO Operations Manager Dave Roberts commented that the 2017 export season began with the staff arriving on January 21. A high percentage of them returned from previous seasons to the Sandy Bay plant.
“Good progress has been made in the discussions between the Government of Uruguay and UPM concerning the infrastructure development and other local prerequisites for long-term industrial growth in Uruguay. We are now in agreement regarding the majority of the key items on the negotiation agenda,” says Jaakko Sarantola, Senior Vice President, UPM, Uruguay Platform.
Chubut province in Argentine Patagonia has been declared in state of emergency and eight of its 16 counties in agriculture disaster as a consequence of torrential rainfall and mudslides which have left huge areas isolateds, or cut off from the communications network.