Tag: beef industry

• Saturday, May 7th 2022 - 10:44 UTC

  Booming beef industry and exports for Brazilian company

  

  One of the largest beef companies in the world with operations in several continents presented its financial results for the first quarter of 2022. Brazil's Marfrig net revenue was 22.3 billion reais, up 29.6% year-on-year. Adjusted Ebitda reached 2.7 billion reais in 1Q22, up 60.9%, and the adjusted Ebitda margin was 12.3%.

• Wednesday, August 29th 2018 - 08:45 UTC

  Argentina's beef exports expected to double this year boosted by China's purchases

  

  Argentina's beef exports could double in 2018 for a total of US$ 1.8 billion thanks to increased Chinese demand and a sharp devaluation of the peso currency, according to analysts and industry experts.

• Thursday, January 4th 2018 - 09:58 UTC

  Brucellosis outbreak at Paraguay Vet School triggers alarm bells for the industry

  

  An outbreak of brucellosis at the Veterinary School of the Asunción University in Paraguay, FCV-UNA, has cost the academic center its international certification, and has become a shameful experience for a country which is among the top world beef exporters.

• Wednesday, August 31st 2011 - 08:51 UTC

  World’s largest beef producer relocates operations to save on taxes

  

  The world's largest beef producer, Brazil's JBS, will shift its meat packing operations to other locations where it operates in the country, to reap tax savings, the company said on Tuesday.

• Tuesday, July 5th 2011 - 19:28 UTC

  Ireland anticipates rejection of EU/Mercosur trade accord on beef

  

  The Irish government is expecting a report from the European Commission setting out the economic impact on Eire of a potential trade agreement between the EU and Mercosur.

• Saturday, June 4th 2011 - 02:40 UTC

  Hard times, even closure for some Uruguayan abattoirs, anticipated Mujica

  

  Uruguayan president Jose Mujica warned that several abattoirs will run into deep trouble and might have to close down because of the lack of livestock ready for slaughtering. He also cautioned that “there is not much more the Executive can do”.

• Thursday, May 19th 2011 - 06:36 UTC

  Government support for Brazil’s meat industry, one of the world’s main exporters

  

  The world’s largest beef producer, Brazil’s JBS announced its board agreed to boost its capital by as much as 3.48 billion Real (2.15 billion US dollars) through a private placement with Brazil’s state economic and social development bank.

• Monday, March 14th 2011 - 01:52 UTC

  Under monitoring from EU Parliament, EU/Mercosur resume trade talks

  

  The European Union and Mercosur begin Monday a new round of negotiations in Brussels to reach an association and trade agreement although proposals for market access will not be on the table yet.

• Friday, February 18th 2011 - 05:23 UTC

  European MPs warn about “a flood of meat imports” from Mercosur

  

  Members from the European Parliament representing rural constituencies have come out strongly against a possible trade deal between Europe and Mercosur arguing that an influx of meat imports could have a devastating impact on the EU beef industry.