http://www.meattradenewsdaily.co.uk This is the RSS syndication feed for MeatTradeNewsDaily.co.uk. The Agriculture State Secretary of the southern Brazilian state of Paraná has requested to the Ministry of Agriculture to cease foot and mouth disease (FMD) vaccinations in the state, with the objective of acquiring ‘FMD free without vaccination’ status. If achieved, Paraná would be the second state in Brazil to obtain this status after neighbouring Santa Catarina http://www.meattradenewsdaily.co.uk/news/050310/brazil___brazilian_state_aims_to_improve_fmd_status.aspx MLA.com Sun, 21 Mar 2010 00:00:00 GMT A Associação Brasileira de Hereford e Braford(ABHB) em parceria com o Centro de Pesquisa Embrapa Pecuária Sul promovem nos dias 25 e 26 março de 2010, no auditório da Embrapa Pecuária Sul em Bagé, o 2º Curso de melhoramento genético de bovinos de corte do PampaPlus - Programa de Avaliação Genética das Raças Hereford e Braford da ABHB. http://www.meattradenewsdaily.co.uk/news/010310/argentina___curso_de_melhoramento_gentico_pampaplus___inscries_abertas_.aspx Argentine Beef Packers S.A. Sun, 21 Mar 2010 00:00:00 GMT Mercosur/Israel free trade agreement becomes effective April Brazil expects a new free trade agreement with Israel to swell bilateral trade to more than 3 billion US dollars within five years, officials said on Monday. Trade between Israel and Brazil slipped below 1 billion USD in 2009 from a peak of 1.6 billion USD in 2008 -- 1.2 billion USD of which were Israeli exports -- due to the global economic crisis. But a new free trade agreement between Israel and the Mercosur bloc -- Brazil, Argentina, Paraguay and Uruguay -- goes into effect in early April. Israel is the first non-Latin American country to sign such a trade deal with Mercosur. http://www.meattradenewsdaily.co.uk/news/230310/brazil___free_trade_deal_with_israel_.aspx farmonline.com.au Sun, 21 Mar 2010 00:00:00 GMT Net revenue for the year was R$34,311.8 million ($19,1900.4 million), representing a 13.1% increase year over year. Consolidated E.B.I.T.D.A. in the fourth quarter increased 49.6% compared to 4Q08, from R$265.9 million ($148.71million) to R$397.8 million ($222.48 million). Consolidated E.B.I.T.D.A. margin was 5.4% for the period, compared with 2.8% for 4Q08. JBS finished 2009 with the growth revenue of 13.1% when compared to the prior year, mainly due to the completion of the acquisition of Smithfield Beef near the end of 2008, partially offset by the deteriorating market conditions caused by the global crisis, and a consequent reduction of sale prices in the beef and Pork operations of the U.S. http://www.meattradenewsdaily.co.uk/news/180310/brazil___jbs_sa_announced_a_net_profit_of_us_million.aspx newsroom - meattradenewsdaily.co.uk Sun, 21 Mar 2010 00:00:00 GMT JBS SA, the world’s biggest beef producer, said it agreed to buy Rockdale Beef in Australia, without disclosing how much it would pay. http://www.meattradenewsdaily.co.uk/news/190310/brazil___jbs_sa_the_worlds_biggest_and_best_meat_packers_.aspx newsroom - meattradenewsdaily.co.uk Sun, 21 Mar 2010 00:00:00 GMT Minerva SA, a Brazilian meat producer, rose the most in five months after a report that bigger competitor Marfrig Alimentos SA may pay as much as 1 billion reais ($567 million) to buy the company. http://www.meattradenewsdaily.co.uk/news/240310/brazil___meat_takeover_rumours_.aspx businessmirror.com Sun, 21 Mar 2010 00:00:00 GMT China took over from the United States as Brazil's top market in 2009, indicating a qualitative change for exports from the South American giant, which is increasingly dependent on sales of commodities and food http://www.meattradenewsdaily.co.uk/news/020310/brazil___usa_no_longer_main_export_market_.aspx newsroom - meattradenewsdaily.co.uk Sun, 21 Mar 2010 00:00:00 GMT JBS USA saw mixed sales results in 2009 - Officials expect 2010 will be a better year given its acquisition of a controlling portion of Texas-based Pilgrim's Pride and expected growth in export markets as it concentrates on more “value added” products. In a conference call Monday, JBS officials discussed the company's year-end earnings, adding the results of Pilgrim's Pride to its numbers. JBS acquired a 64 percent controlling interest in Pilgrim's Pride in December and is said to be moving several of that company's executives to the Greeley area. http://www.meattradenewsdaily.co.uk/news/090310/usa___jeremiah_ocallaghan_investor_relations_director_for_jbs.aspx newsroom - meattradenewsdaily.co.uk Sat, 20 Mar 2010 00:00:00 GMT BHB – Brazilian Hereford & Braford The BHB arises from a partnership with APEX-Brazil (www.apexbrasil.com.br) to become another major landmark in the history of the Brazilian Hereford and Braford Association (ABHB). The entity and a group of 21 rural companies participating in the project are now entering the international genetics and quality beef market, seeking to relieve the shortage of other nations in the primary and food sector. http://www.meattradenewsdaily.co.uk/news/250909/brazil___the_brazilian_hereford_and_brafors_association.aspx newsroom - meattradenewsdaily.co.uk Sat, 20 Mar 2010 00:00:00 GMT Brazilian beef export volumes are forecast to increase 10% in 2010 to around 1 million tonnes swt, with a 15% lift in revenue, according to the Brazilian Beef Exporters Association (ABIEC). In February, exports increased 13% to 74,310 tonnes swt year-on-year, with an 11% rise on January volumes. Most noticeably, average export prices were up 27% year-on-year. http://www.meattradenewsdaily.co.uk/news/250310/brazil___beef_exports_to_rise__in_.aspx MLA.com Fri, 19 Mar 2010 00:00:00 GMT In January 2010, Brazil's poultry exports fell 15%, compared to January 2009, totaling 233,000 mt, according to the Brazilian poultry producers Association (Abef) http://www.meattradenewsdaily.co.uk/news/020310/brazil___poultry_exports_down__.aspx newsroom - meattradenewsdaily.co.uk Thu, 18 Mar 2010 00:00:00 GMT Brazilian beef production and exports are forecast to rebound in 2010 at an average rate of 4% and 5%, respectively. Pork production and exports are also forecast to increase by 2% after a good performance in 2009, according to a U.S. Department of Agriculture attache report posted Monday on the Foreign Agricultural Services Web site. http://www.meattradenewsdaily.co.uk/news/170310/brazil___beef_and_pork_production_.aspx newsroom - meattradenewsdaily.co.uk Wed, 17 Mar 2010 00:00:00 GMT Brazil will be able to increase farm produce, including meat, without further negative impact on the environment, says Paulo Barreto, a senior researcher at the Amazon Institute of Man and the Environment. Barreto's comments came after the Ministry of Agriculture announced that Brazil will make significant increases in meat production, obtaining over 44% of the international export market by 2020. http://www.meattradenewsdaily.co.uk/news/090310/brazil___beef_production_set_to_increase_on_a_grand_scale_.aspx newsroom - meattradenewsdaily.co.uk Wed, 17 Mar 2010 00:00:00 GMT Net revenue for 2009 was R$34,311.8 million, representing a 13.1 per cent increase year on year. In the fourth quarter the consolidated EBITDA increased by 49.6 per cent compared to the fourth quarter of 2008, from R$265.9 million to R$397.8 million. The consolidated EBITDA margin was 5.4 per cent for the period, compared with 2.8 per cent for the fourth quarter of 2008. http://www.meattradenewsdaily.co.uk/news/170310/brazil___brazilian_meat_processing_giant_jbs.aspx newsroom - meattradenewsdaily.co.uk Wed, 17 Mar 2010 00:00:00 GMT Brazilian meat producer Marfrig Alimentos S.A. may buy competitor Minerva S.A. for $567 million, Bloomberg reported, citing Rio De Janeiro, Brazil-based newsletter Relatorio Reservado. http://www.meattradenewsdaily.co.uk/news/170310/brazil___mafrig_in_half_billion_dollar_meat_deal_.aspx newsroom - meattradenewsdaily.co.uk Wed, 17 Mar 2010 00:00:00 GMT Minerva SA, a Brazilian meat producer, rose the most in five months after a report that bigger competitor Marfrig Alimentos SA may pay as much as 1 billion reais ($567 million) to buy the company http://www.meattradenewsdaily.co.uk/news/170310/brazil___meat_company_takeover_rumours_.aspx newsroom - meattradenewsdaily.co.uk Wed, 17 Mar 2010 00:00:00 GMT Here's an item about the U.S. and trade sanctions. Except this time it's Brazil that is slapping trade sanctions on the U.S. in retaliation for years of anticompetitive subsidies paid to U.S. cotton growers. http://www.meattradenewsdaily.co.uk/news/170310/brazil___trade_sanctions_on_usa_.aspx newsroom - meattradenewsdaily.co.uk Wed, 17 Mar 2010 00:00:00 GMT According to figures disclosed today by the Brazilian Poultry Exporters Association (Abef), exports to the region generated US$ 309.1 million, growth of 44.3 per cent over January and February last year. Shipments to the region totalled 197,600 tonnes, growth of 12.3 per cent in the same comparison, according to the Abef. The Middle East is the main foreign market for Brazilian chicken. http://www.meattradenewsdaily.co.uk/news/220310/brazil___halal_poultry_exports_increase_.aspx newsroom - meattradenewsdaily.co.uk Tue, 16 Mar 2010 00:00:00 GMT JBS S.A. said last Monday the company, having finalized recent mergers and acquisitions, is focused on improving its financials in order to achieve an investment-grade credit rating in this year. Joesley Batista, the company's president and CEO, told investors during an analysts' call that one of the main goals is to reduce its net debt-to-EBIDTA ratio to below 2x from the current ratio of 3.1x, and he said JBS hopes to reach that goal sometime during 2010. "We will be focused on changing the risk perception," Batista said. http://www.meattradenewsdaily.co.uk/news/090310/brazil___jbs_to_focus_on_consolidation_in_.aspx newsroom - meattradenewsdaily.co.uk Tue, 16 Mar 2010 00:00:00 GMT JBS SA, the world's largest beef processor, filed late on Thursday to sell shares to Brazilian and foreign investors, according to a securities filing. http://www.meattradenewsdaily.co.uk/news/150310/brazil__jbs_sa_files_to_sell_shares_.aspx reuters Tue, 16 Mar 2010 00:00:00 GMT China is expected to reopen its market to Brazilian beef later this year following a lengthy ban which started back in 2005 due to an outbreak of foot and mouth disease. http://www.meattradenewsdaily.co.uk/news/150310/brazil___beef_market_in_china_to_open_.aspx newsroom - meattradenewsdaily.co.uk Mon, 15 Mar 2010 00:00:00 GMT The Brazilian economy contracted for the first time in 17 years in 2009, falling by 0.2% the Brazilian Institute of Geography and Statistics (IBGE) said Thursday. It was the first annual contraction of GDP since 1992. IBGE said the industrial and agricultural sectors were hit hardest but the services sector gained in 2009 http://www.meattradenewsdaily.co.uk/news/190310/brazil___brazilian_economy_contracted_.aspx MercoPress.com Mon, 15 Mar 2010 00:00:00 GMT Brazilian beef exports during the fiscal year to February eased 2% to 612,640 tonnes swt compared with the same period in 2008-09. Russia continues to be Brazils main destination, accounting for 34% of the total (SECEX). Exports to the EU, despite rising 124% to 33,724 tonnes swt year-on-year, currently account for a small percentage of total shipments compared with 2006-07’s record 181,742 tonnes swt, as the partial ban placed by the EU in February 2008 continues to restrict shipments to the region. http://www.meattradenewsdaily.co.uk/news/180310/brazil___february_exports_down_.aspx newsroom - meattradenewsdaily.co.uk Mon, 15 Mar 2010 00:00:00 GMT Retail sales in Brazil surged in January from the previous month, beating analysts' forecasts as consumers rushed to buy appliances and benefit from government tax breaks, government data showed on Thursday. Sales volumes in Brazil rose 2.7 percent in January from December, statistics agency IBGE said. http://www.meattradenewsdaily.co.uk/news/190310/brazil___jump_in_retail_sales_.aspx foodbizdaily.com Mon, 15 Mar 2010 00:00:00 GMT JBS USA, LLC will hold its fourth quarter 2009 earnings conference call Today Thursday, March 11, at 10:00 a.m. Eastern (8:00 a.m. Mountain). The call will be open to holders of the Company's 11.625% Senior Notes due 2014 as well as prospective investors, securities analysts and market makers who can certify that they are qualified institutional buyers as defined by the Securities Act of 1933. For more information about the call, visit http://www.jbsswift.com and refer to the "JBS USA Bond Investors" link under the Investor Relations tab. Financial statements for the fourth quarter 2009 will also be available to qualified institutional buyers on the Company's website. http://www.meattradenewsdaily.co.uk/news/090310/usa___jbs_usa_llc_to_host_fourth_quarter__earnings_conference_call_march_.aspx newsroom - meattradenewsdaily.co.uk Sun, 14 Mar 2010 00:00:00 GMT The first exports of Brazilian beef to China are expected to begin in the second half of the year, the chief executive of the Brazilian Association of Meat Exporting Industries (Abiec) told financial newspaper DCI. http://www.meattradenewsdaily.co.uk/news/110310/brazil___beef_for_china_.aspx newsroom - meattradenewsdaily.co.uk Sun, 14 Mar 2010 00:00:00 GMT Brazil and the US could not agree Wednesday over how to rein in Tehran's suspect nuclear ambitions and Brazilian President Lula da Silva warned the world not to “push Iran into a corner.” In talks with US Secretary of State Hillary Clinton, Lula da Silva and his foreign minister Celso Amorim backed continued international negotiations to ensure Iran does not enrich uranium to the point it can build a nuclear bomb. http://www.meattradenewsdaily.co.uk/news/120310/brazil___brazil_tells_washington_not_to_push_iran_into_a_corner.aspx MercoPress.com Sun, 14 Mar 2010 00:00:00 GMT Brazilian meat production is estimated to grow by 38% to 30.5 million tonnes during the next 10 years to 2020 (a net growth of 8.4 million tonnes) as a result of increased productivity, according to research performed by the Brazilian Ministry of Agriculture. http://www.meattradenewsdaily.co.uk/news/120310/brazil___brazils_meat_output_to_grow.aspx MLA.com Sun, 14 Mar 2010 00:00:00 GMT Brazil has overtaken Canada to become the third largest world exporter of agricultural products, behind the United States and the European Union (EU); according to a report from the World Trade Organisation (WTO). http://www.meattradenewsdaily.co.uk/news/170310/brazil___farm_exports_more_than_canada_.aspx newsroom - meattradenewsdaily.co.uk Sun, 14 Mar 2010 00:00:00 GMT Brazil will be able to increase farm produce, including meat, without further negative impact on the environment, says Paulo Barreto, a senior researcher at the Amazon Institute of Man and the Environment http://www.meattradenewsdaily.co.uk/news/080310/brazil___no_more_damage_to_the_amazon_with_farming__.aspx newsroom - meattradenewsdaily.co.uk Sun, 14 Mar 2010 00:00:00 GMT Brazil announced trade sanctions on a range of American goods Monday in retaliation for the United States' failure to eliminate billions in illegal cotton subsidies — a move that affects products from Ford automobiles to Heinz ketchup. http://www.meattradenewsdaily.co.uk/news/180310/brazil___wto_approves_us_trade_sanctions_.aspx foodbizdaily.com Sun, 14 Mar 2010 00:00:00 GMT Brazil announced Monday it would levy a total of 591 million US dollars in retaliatory tariffs on US goods under a ruling against US cotton subsidies granted by a World Trade Organization last year. However Brazil also sent a conciliatory message.Brazil published a list of 102 imports from the US subject to in Brazil’s import tax. The increased tariffs will go into effect in 30 days and remain in effect for one year, pending alterations in US subsidy practices. http://www.meattradenewsdaily.co.uk/news/170310/brazil____million_in_trade_sanctions_against_us_.aspx MercoPress.com Sat, 13 Mar 2010 00:00:00 GMT The Agriculture State Secretary of the southern Brazilian state of Paraná has requested to the Ministry of Agriculture to cease foot and mouth disease (FMD) vaccinations in the state, with the objective of acquiring ‘FMD free without vaccination’ status. If achieved, Paraná would be the second state in Brazil to obtain this status after neighbouring Santa Catarina. http://www.meattradenewsdaily.co.uk/news/130310/brazil___brazilian_state_aims_to_improve_fmd_status.aspx MLA.com Sat, 13 Mar 2010 00:00:00 GMT JBS SA, the world’s biggest beef producer, reported a fourth-quarter profit as the company slashed production expenses and the dollar’s decline against the real reduced the cost of foreign debt. http://www.meattradenewsdaily.co.uk/news/090310/brazil___fourth_quarter_profit_at_jbs_sa__were_us_million_.aspx bloomberg Sat, 13 Mar 2010 00:00:00 GMT Flávio Botelho, agronomy professor at the University of Brasília (UnB), recognises that the budget for the agricultural sector as a whole, including that of the Ministry of Agrarian Development and Science and Technology, has grown in recent years http://www.meattradenewsdaily.co.uk/news/250210/brazil___foot_and_mouth_disease_.aspx 5mpublishing Sat, 13 Mar 2010 00:00:00 GMT Brazilian meat giant JBS has booked a substantial increase in net income for 2009, boosted by profits from the Pilgrim’s Pride acquisition towards the end of the year. http://www.meattradenewsdaily.co.uk/news/160310/brazil___things_looking_good_at_jbs_sa_.aspx just-food.com Sat, 13 Mar 2010 00:00:00 GMT Sardine has long been a staple food for many Brazilian families and 100.000 tons were unloaded in Brazilian ports during 2009, mostly in the states of Rio do Janeiro, Santa Catarina and Sao Paulo. However there are growing risks of over-fishing and an awareness plan has been implemented. Sardine stocks in the late eighties and early nineties were at risk because of over-fishing but have since increased thanks to conservation measures implemented by the federal government and supported by the private sector. http://www.meattradenewsdaily.co.uk/news/170310/brazil___brazil_implements_sardine_conservation_.aspx MercoPress.com Fri, 12 Mar 2010 00:00:00 GMT Brazilian beef exports during the fiscal year to February eased 2% to 612,640 tonnes swt compared with the same period in 2008-09. Russia continues to be Brazil’s main destination, accounting for 34% of the total (SECEX). http://www.meattradenewsdaily.co.uk/news/180310/brazil___slight_fall_in_brazilian_beef_exports.aspx MLA.com Fri, 12 Mar 2010 00:00:00 GMT Brazilian exports of raw beef grew 26 per cent in the first two months of 2010, compared to the same period last year, reaching US$ 665.531 million in business. According to Brazil-Arab News Agency the figures were presented earlier this week by Otavio Cancado, Executive Director of the Brazilian Beef Industry and Exporters Association (ABIEC). Iran was the country that presented the greatest expansion in revenues (216 per cent - US$ 93.094 million) and in quantity (195 per cent - 35,323 tonnes) in purchases of raw beef from Brazil, as against 2009. However, Russia remains the main importer of beef from the country, with purchases of 61,801 tonnes of the product and revenues of US$ 126.447 million. http://www.meattradenewsdaily.co.uk/news/170310/brazil___beef_exports_up_.aspx newsroom - meattradenewsdaily.co.uk Thu, 11 Mar 2010 00:00:00 GMT Tyson Foods, is focusing on integrating its recent acquisitions in China and Brazil, further reducing debt, reinvesting in its business and exploring opportunities for its Renewable Products Group, which includes pet products, renewable fuels, biotech and nutraceuticals during 2010. http://www.meattradenewsdaily.co.uk/news/090310/usa___tysons_foods_make_changes_in_brazil_and_china_.aspx newsroom - meattradenewsdaily.co.uk Wed, 10 Mar 2010 00:00:00 GMT Brazilian meat giant JBS has booked a substantial increase in net income for 2009, boosted by profits from the Pilgrim’s Pride acquisition towards the end of the year. For the 12 months to 31 December, the firm earned BRL129.4m (US$72.7m), an almost 400% increase on the previous year. http://www.meattradenewsdaily.co.uk/news/160310/brazil___pilgrims_pride_proves_a_good_buy_for_jbs_.aspx just-food.com Wed, 10 Mar 2010 00:00:00 GMT French retail group Casino is to look to stronger sales in France and push ahead with cost cuts and asset disposals this year after posting a 4.5% drop in trading profit. Casino’s full year 2009 results showed trading profit was down 4.5% to €1,209m, or down 2.5% on an organic basis, while net sales fell 1.2% to €26,757m (-1% organic). http://www.meattradenewsdaily.co.uk/news/150310/brazil___casino_supermarkets_performing_well_.aspx foodbizdaily.com Tue, 09 Mar 2010 00:00:00 GMT Brazil and the US could not agree Wednesday over how to rein in Tehran's suspect nuclear ambitions and Brazilian President Lula da Silva warned the world not to “push Iran into a corner.” In talks with US Secretary of State Hillary Clinton, Lula da Silva and his foreign minister Celso Amorim backed continued international negotiations to ensure Iran does not enrich uranium to the point it can build a nuclear bomb. http://www.meattradenewsdaily.co.uk/news/120310/brazil___brazil_tells_washington_not_to_push_iran_into_a_corner_0.aspx MercoPress.com Mon, 08 Mar 2010 00:00:00 GMT French retail group Casino is to look to stronger sales in France and push ahead with cost cuts and asset disposals this year after posting a 4.5% drop in trading profit. http://www.meattradenewsdaily.co.uk/news/080310/brazil___casino_supermarkets_performing_well_.aspx foodbizdaily.com Mon, 08 Mar 2010 00:00:00 GMT Russia was still Brazil's largest market, as total Brazilian exports to Russia of pork in 2009 amounted to 529.2 thousand tonnes, which is 13.2% more compared to 2008, but 4.2% less than in 2007 http://www.meattradenewsdaily.co.uk/news/080310/brazil___russia_largest_market_for_brazilian_meat_.aspx reuters Mon, 08 Mar 2010 00:00:00 GMT The result of an association between Perdigao and Sadia, the creation of BRF Brasil Foods was a landmark event for the Brazilian food industry in 2009 http://www.meattradenewsdaily.co.uk/news/080310/brazil___meat_giant_defy_recession_.aspx 5mpublishing Sun, 07 Mar 2010 00:00:00 GMT The president of the BNDES, Luciano Coutinho said that the bank was looking at appropriate measures to deal with a problem that was immediate but not systemic http://www.meattradenewsdaily.co.uk/news/080310/brazil___help_for_the_beef_sector_.aspx newsroom - meattradenewsdaily.co.uk Sun, 07 Mar 2010 00:00:00 GMT JBS S.A. said Wednesday the company is delaying its $2 billion initial public offering until market demand improves, according to a report by Bloomberg. The report quotes JBS CEO Joesley Bati http://www.meattradenewsdaily.co.uk/news/290110/brazil___jbs_delay_public_offering_of_us_billion_.aspx newsroom - meattradenewsdaily.co.uk Sun, 07 Mar 2010 00:00:00 GMT THE effects of the major increases in South American grain production are now coming home to roost. While many millions of hectares and tonnes of grain production have been added to the South American cropping profile, these increases are largely to blame for the glut now affecting world grain and oilseed prices. http://www.meattradenewsdaily.co.uk/news/110310/brazil___south_american_grain_leading_the_way_.aspx farmonline.com.au Sun, 07 Mar 2010 00:00:00 GMT Petrobras announces two discoveries with 65 million barrels potential http://www.meattradenewsdaily.co.uk/news/080310/brazil___two_new_large_oil_finds_.aspx MercoPress.com Sun, 07 Mar 2010 00:00:00 GMT