Edition:
United States

Ana Mano

Brazil agribusiness group seeks bankruptcy protection -letter

Mar 22 2019

SAO PAULO, March 22 Privately owned Brazilian agribusiness group Itaquere has filed for bankruptcy protection to restructure 482 million reais ($127 million) of debt, according to a letter from management seen by Reuters.

Brazil's new status would not affect prior ag commitments: WTO chief

Mar 20 2019

SAO PAULO Brazil's agreement with the United States to forgo special treatment by the World Trade Organization (WTO) would apply only to future negotiations within the multilateral trade body, Director General Roberto Azevedo said on Wednesday.

Brazil's Amaggi and Big 4 grain traders mull road, railway venture

Mar 11 2019

SAO PAULO The world's big four agriculture traders and Brazilian rival Amaggi could make a joint bid to operate a road connecting the country's grain belt to northern ports, while also considering an investment in a parallel railway, the firm that conducted a study on the potential venture said on Monday.

UPDATE 1-Brazil northern port terminals could run out of soybeans by Friday -Abiove

Mar 07 2019

SAO PAULO, March 7 Two riverside ports in Pará state could run out of soybeans by Friday due to closures on the BR-163 highway linking the country's grain belt to port facilities in the north, Daniel Amaral, chief economist at oilseeds group Abiove, said on Thursday.

UPDATE 2-Brazil food firm BRF posts worse-than-expected 4th-qtr loss, shrs drop

Feb 28 2019

SAO PAULO, Feb 28 Brazilian food processor BRF SA said it lost money for the second consecutive quarter as a trade embargo, fallout from a food safety investigation and Brazil's feeble economy thwarted turnaround efforts.

UPDATE 1-Brazil's Gavilon dismisses executive, decides against wheat milling

Feb 22 2019

SAO PAULO, Feb 22 Brazilian commodities trader Gavilon do Brasil, a subsidiary of Japan's Marubeni Corp , has dismissed a key manager in a strategic decision not to pursue wheat milling in the country, an executive told Reuters on Friday.

Brazil's Gavilon dismisses executive, decides against wheat milling

Feb 22 2019

SAO PAULO, Feb 22 Brazilian commodities trader Gavilon do Brasil, a subsidiary of Japan's Marubeni Corp , has dismissed a key manager in a strategic decision not to pursue wheat milling in the country, an executive told Reuters on Friday.

Mérieux, BRF lab woes are new blow amid Brazilian food fraud probe

Feb 21 2019

SAO PAULO/BRASILIA, Feb 21 Brazilian laboratories involved in a food safety scandal at meatpacker BRF SA have lost their accreditations from a government agency, an official at the Agriculture Ministry told Reuters on Thursday.

UPDATE 1-Brazil's JBS taps Argentine corn over pricey domestic crop

Feb 18 2019

SAO PAULO, Feb 18 JBS SA has ordered its first shipment this year of corn imported from Argentina for its southern Brazilian meat plants as government-set shipping costs drive up the price of domestic corn, a source with direct knowledge of the decision said on Monday.

Brazil's JBS imports corn for first time in 2019 - source

Feb 18 2019

SAO PAULO, Feb 18 Brazilian food giant JBS SA has ordered its first shipment of imported corn this year to be used as feed at meat processing plants in the southern state of Santa Catarina, a source with direct knowledge of the decision said on Monday.

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