Brazil's JBS, the world’s largest meat processor, believes that the coronavirus pandemic may cause container shortages, port disruptions, and other logistical problems, but that exports should remain strong thanks to Chinese demand.
Brazil’s top appeals court has ordered the release of one of meat processor JBS’ controlling shareholders, Joesley Batista, and Ricardo Saud, a lawyer for J&F Investimentos, which controls JBS. Both were arrested on Friday in an investigation into illegal campaign contributions and alleged bribery of government officials.
The World Health Organization, WHO, has received a number of queries, expressions of concern and requests for clarification following the publication of a report from the International Agency for Research on Cancer (IARC) relating to processed meat and colorectal cancer.
Brazilian meat processors BRF Brasil Foods and Marfrig announced a deal on Thursday to trade assets, including a block of properties that Brazilian anti-trust body CADE mandated to be sold as part of the Sadia and Perdigao approval in July.