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56 results for “meatpacker

Lula Secures Extra China Beef Quota for Brazil via Uruguay, Bypassing 55% Tariff
AgroSep 21

Lula Secures Extra China Beef Quota for Brazil via Uruguay, Bypassing 55% Tariff

President Luiz Inácio Lula da Silva announced that Uruguay ceded a portion of its unused beef export quota to China, offering a temporary lifeline to Brazilian meatpackers facing a steep 55% safeguard tariff.

Brazil's Beef Sector Projects EU Market Re-Entry in 2027 Amid Antimicrobial Ban
AgroSep 18

Brazil's Beef Sector Projects EU Market Re-Entry in 2027 Amid Antimicrobial Ban

The Brazilian Association of Meat Exporting Industries projects beef exports to the EU will resume in the first half of 2027, following a suspension over antimicrobial use.

Brazil Beef Exports Slump on EU Ban While US Import Quota Boosts Cattle Price Outlook
PROAgroSep 13

Brazil Beef Exports Slump on EU Ban While US Import Quota Boosts Cattle Price Outlook

Brazilian beef exports saw a significant drop in early September due to a new EU suspension over antimicrobial rules, but a massive temporary US import quota is creating upward pressure on domestic cattle prices.

US Temporary Beef Quota Offers Brazilian Meatpackers Crucial Export Outlet
PROAgroSep 12

US Temporary Beef Quota Offers Brazilian Meatpackers Crucial Export Outlet

The US is allowing an extra 300,000 metric tons of lean beef trimmings under a lower tariff, creating an immediate, high-volume export opportunity for Brazilian meatpackers struggling with weakened Chinese demand.

US Opens Temporary Low-Tariff Beef Quota, Handing Brazilian Meatpackers a Major Opportunity
AgroSep 11

US Opens Temporary Low-Tariff Beef Quota, Handing Brazilian Meatpackers a Major Opportunity

The US government has temporarily expanded its lean beef import quota by 300,000 metric tons at a sharply reduced tariff rate to lower domestic prices, with Brazilian exporters expected to seize up to 40% of the volume.

Brazil Poised to Capture Up to 40% of Temporary US Beef Import Quota
PROAgroSep 09

Brazil Poised to Capture Up to 40% of Temporary US Beef Import Quota

US opens a temporary, low-tariff 300,000-ton quota for lean beef trimmings, offering a massive opportunity to Brazilian meatpackers.

PROMarketsAug 21

Meatpacker Barons J&F Acquire Strategic Brazilian Defense Manufacturer Avibras

Joesley and Wesley Batista's conglomerate is buying Avibras, maker of the ASTROS rocket system, a key national defense asset.

PROAgroAug 20

China Tariff Quota Triggers 26% Drop in Brazilian Beef Exports

Shipments of Brazilian beef to China have sharply declined as exporters face a prohibitive 67% tariff after exhausting the annual quota.

InvestingAug 19

Brazil’s JBS Revives Bid to Take Full Control of US Poultry Giant Pilgrim’s Pride

World’s largest meatpacker JBS proposes an all-stock deal to buy the remaining 18% of Pilgrim's Pride and delist the US subsidiary.

MarketsAug 19

China Tariff Shock Halts Brazilian Beef Trade, Export Volume Drops 26%

Brazil's beef exports to China plunged after hitting an annual quota, triggering a 67% tariff and forcing meatpackers to slow production.

Brazil’s JBS Offers Stock Swap for Full Control of Pilgrim’s Pride, Seeks Nasdaq Delisting
PROMarketsAug 19

Brazil’s JBS Offers Stock Swap for Full Control of Pilgrim’s Pride, Seeks Nasdaq Delisting

World's largest meatpacker proposes to acquire the remaining 18% of its U.S. poultry unit for a fixed share exchange.

Brazil Health Agency Recalls Suinco Pork Loin Over Illegal Preservative Levels
AgroAug 17

Brazil Health Agency Recalls Suinco Pork Loin Over Illegal Preservative Levels

Anvisa ordered a recall of Canadian-style Pork Loin from cooperative Suinco, citing excess nitrites and nitrates that pose a health risk.

China Beef Quota Near Limit, Threatening 55% Tariff on Brazil Meat Exports
AgroAug 15

China Beef Quota Near Limit, Threatening 55% Tariff on Brazil Meat Exports

China's Ministry of Commerce says Brazilian beef imports have reached 80% of the quota, triggering a 55% tariff risk for major meatpackers.

JBS Biofuel Arm Nears 1-Billion-Liter Capacity Milestone Following R$140 Million Upgrade
AgroAug 14

JBS Biofuel Arm Nears 1-Billion-Liter Capacity Milestone Following R$140 Million Upgrade

Brazil's largest meatpacker, JBS, is significantly expanding its biodiesel capacity, driven by the country's rising biofuel mandate.

Minerva Foods Uses South American Plants to Bypass China’s Beef Tariff Quota on Brazil
PROMarketsAug 13

Minerva Foods Uses South American Plants to Bypass China’s Beef Tariff Quota on Brazil

South America's largest beef exporter, Minerva Foods, is mitigating China's tariff by routing meat through non-Brazilian plants.

JBS Names Founder's Grandson Wesley Batista Filho as Global CEO, Signaling Family Return to Top Spot
PROAgroAug 11

JBS Names Founder's Grandson Wesley Batista Filho as Global CEO, Signaling Family Return to Top Spot

The world's largest meatpacker, JBS (JBSS3), announced Wesley Batista Filho will take over as Global CEO in January 2027, a planned return of the founding family to the chief executive role.

Brazilian Q2 Earnings Season Closes With JBS and Embraer in Focus
MarketsAug 10

Brazilian Q2 Earnings Season Closes With JBS and Embraer in Focus

Brazil's Q2 earnings season wraps up with reports from meatpacker JBS, aerospace manufacturer Embraer, and holding company Itaúsa in focus.

JBS Partners With Indonesia’s Sovereign Wealth Fund Arm for Major Asia Expansion, Analysts See Up to $4 Billion in Value
PROAgroAug 09

JBS Partners With Indonesia’s Sovereign Wealth Fund Arm for Major Asia Expansion, Analysts See Up to $4 Billion in Value

Brazilian meatpacker JBS forms a joint venture with PT Danantara Investment Management to accelerate its Asia-Pacific growth, leveraging Australian assets.

Brazil’s Beef Sector Faces Headwinds as 2026 Cattle Slaughter Projected to Fall 5% Amid Export Barriers
PROAgroAug 07

Brazil’s Beef Sector Faces Headwinds as 2026 Cattle Slaughter Projected to Fall 5% Amid Export Barriers

A forecast drop in cattle slaughter and new export restrictions create a complex pricing dynamic for Brazilian meatpackers like JBS and Minerva.

EU $1.8 Billion Protein Embargo Looms, Pressuring Brazilian Meatpackers and Domestic Supply
PROAgroAug 07

EU $1.8 Billion Protein Embargo Looms, Pressuring Brazilian Meatpackers and Domestic Supply

EU's Sept 3 ban on Brazilian animal products over antimicrobial concerns jeopardizes $1.8B in trade, forcing displacement onto the domestic market.

Brazilian Beef Outlook Darkens as EU Veto and China Quotas Force Production Cut
PROAgroAug 06

Brazilian Beef Outlook Darkens as EU Veto and China Quotas Force Production Cut

Brazil's beef industry faces major headwinds in 2026 as an EU import ban and China's new import quotas are expected to cut national production.

Brazilian Beef Production Seen Dropping 4.8% as China Quotas, EU Bans Tighten Meatpacker Outlook
PROAgroAug 06

Brazilian Beef Production Seen Dropping 4.8% as China Quotas, EU Bans Tighten Meatpacker Outlook

Brazilian Beef Production is forecast to fall to 40 million head in 2026, driven by protectionist tariffs in China and new EU sanitary restrictions.

EU Ban on Premium Beef Exports Forces Brazil’s Protein Giants to Fast-Track Diversification
PROAgroAug 05

EU Ban on Premium Beef Exports Forces Brazil’s Protein Giants to Fast-Track Diversification

Brazil's meatpackers, led by Minerva, scramble to re-route high-value beef cuts after the EU confirmed a ban starting Sept 3, 2026.

EU Veto on Brazilian Beef Takes Effect September 3, Threatening High-Margin Protein Sales
PROAgroAug 04

EU Veto on Brazilian Beef Takes Effect September 3, Threatening High-Margin Protein Sales

EU ban on Brazilian animal protein over antimicrobial use is set for Sept 3, risking a 50% price premium market for meatpackers.

EU Beef Ban Forces Brazilian Meatpackers to Divert High-Premium Cuts to Asia, US Markets
PROAgroAug 04

EU Beef Ban Forces Brazilian Meatpackers to Divert High-Premium Cuts to Asia, US Markets

Brazilian meatpackers like Minerva and JBS face margin pressure as the EU ban takes effect, losing a market that paid a 50% price premium.

STF Postpones Funrural Tax Ruling, Maintaining R$20.9 Billion Liability Risk for Brazil Agribusiness
PROAgroAug 04

STF Postpones Funrural Tax Ruling, Maintaining R$20.9 Billion Liability Risk for Brazil Agribusiness

Supreme Court's delay on Funrural tax sub-rogação keeps R$20.9B in legal uncertainty for acquirers of rural production like meatpackers.

Brazil Fed Cattle Futures Jump 1.81% on Supply Squeeze, Pressuring Meatpacker Margins
PROAgroAug 03

Brazil Fed Cattle Futures Jump 1.81% on Supply Squeeze, Pressuring Meatpacker Margins

Short-term scarcity of finished cattle pushed Boi Gordo futures to R$348.85/arroba, pressuring margins for JBSF3, MRFG3, and BEEF3.

JBS (JBSS32) Named Preferred Protein Stock Pick by BTG Pactual and Itaú BBA Ahead of Q2 Earnings
MarketsAug 03

JBS (JBSS32) Named Preferred Protein Stock Pick by BTG Pactual and Itaú BBA Ahead of Q2 Earnings

Brazilian meatpacker JBS (JBSS32) received a positive outlook from major banks, citing global diversification ahead of its Q2 earnings.

Tight Supply and Seasonal Demand Push Brazil’s Boi Gordo Prices Up 4.48%
AgroAug 03

Tight Supply and Seasonal Demand Push Brazil’s Boi Gordo Prices Up 4.48%

Brazilian fat cattle prices rose sharply in July, hitting R$350/@, driven by restricted supply and strong seasonal domestic demand.

Restricted Cattle Supply Pushes Boi Gordo Prices to R$350/Arroba, Squeezing Meatpacker Margins
AgroJul 31

Restricted Cattle Supply Pushes Boi Gordo Prices to R$350/Arroba, Squeezing Meatpacker Margins

Brazil's fattened cattle prices are firming on tight supply, pressuring margins for meatpackers like JBS (JBSS3) and Marfrig (MRFG3).