Conrado Ferber, President of the National Meat Institute (INAC) of Uruguay, expressed his concerns on Tuesday regarding Minerva Foods' proposed acquisition of three meat processing plants from Marfrig. If the deal is finalized, it would result in one of the Brazilian multinational corporations controlling 45% of the southern country slaughterhouse market.
Argentina's Rosario Stock Exchange Friday reported the first semester of 2022 showed record beef exports 39.4% above figures from the same period last year, worth US$1.75 billion. Beef shipments grew US$ 457 million from US$ 1.293 billion.
Argentina has recorded a 4.8% decline in meat consumption per inhabitant despite caps on exports imposed by the administration of President Alberto Fernández, which allegedly sought to prioritize the domestic market.
The Argentine Government's policies restricting meat exports have taken their toll on livestock production and slaughter, bringing down domestic consumption as prices went up, just what the measures were supposed to avert, according to a Rosario Stock Exchange (BCR) report released Friday.
The Uruguayan BPU meat processing plant has been cleared to resume exports to China as of July 1 after it was banned April 9 due to a mislabelled shipment, it was announced Thursday.
Brazil's global meat processor, Marfrig has purchased land to build a major abattoir in Paraguay. Landlocked Paraguay is a full member of Mercosur, who together with partners Argentina, Brazil and Uruguay, has become the world's leading meat export region.
Argentine Minister of Productive Development Matías Kulfas Sunday admitted the administration of President Alberto Fernández plans to both ban exports of the beef cuts most coveted by local consumers and freeze domestic prices until late this year.
AFP – A new paper in the journal Cancer Discovery has identified specific patterns of DNA damage triggered by diets rich in red meat - further implicating the food as a carcinogen while heralding the possibility of detecting cancer early and designing new treatments.
Paraguay has exported US $ 426,223 worth of meat, plastic and aluminium to new markets in the region and Europe in the first quarter of 2021, it was reported Thursday.
Food processor JBS SA is hiring 5,200 additional workers in Brazil, seeking to boost output in a key export base while fending off the threat of the novel coronavirus, which disrupted some its plants in the second quarter.