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Information on global poultry, pig and animal feed markets.

Latin America

ARTICLES

Brazil blocks acquisition because of JBS ties

Company owned by brother of Wesley and Joesley Batista prevented from acquiring Brazilian meatpacker
Brazil’s Administrative Council for Economic Defense (CADE) has blocked the sale of meat packing company Mataboi Alimentos SA to JBJ Agropecuária Ltda, a company owned by José Batista Jr., the brother of former JBS leaders Wesley and Joesley Batista.
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JBS suspends production at 7 Mato Grosso do Sul plants

Plants close as a result of a court-ordered asset freeze related to a tax matter
Brazil-based meat and poultry company JBS has shut down seven plants in the Brazilian state of Mato Grosso do Sul as a result of a court-ordered asset freeze.
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Rabobank, UN Environment team to finance sustainable ag

$1 billion facility aims to provide grants, de-risking instruments and credit to clients involved in sustainable agricultural production
Rabobank and UN Environment have created a new $1 billion facility to finance sustainable agriculture using a combination of public and private funding. Together they also invite other interested financial institutions to sign up and work actively with global food companies to put this into practice.
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Batista brothers officially charged with insider trading

Prosecutors allege Wesley and Joesley Batista used privileged information to minimize losses
Wesley and Joesley Batista, the brothers who formerly served as CEO and chairman of JBS, respectively, have been formally charged with insider trading and market manipulation.
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Biomin strengthens commitment to Mexican market

Company will strengthen its commitment to the Mexican poultry and livestock sectors in the near future, including the strategic decision to open a local business unit.
Biomin products first became commercially available in Mexico in 1992 through local distributor INUSA Mexico, beginning with the mycotoxin-deactivating Mycofix. The product offering expanded over the years to include a full suite of Biomin gut performance management solutions: Digestarom, PoultryStar and Biotronic.
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Daniel Bercovici elected as IFIF chairman

President of Ajinomoto Eurolysine S.A.S. will serve a two-year term
The International Feed Industry Federation (IFIF) has elected Daniel Bercovici, president of Ajinomoto Eurolysine S.A.S., as its new chairman for 2018-19 at the IFIF 30th General Assembly held on October 6, 2017.
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New members enter Latin American Poultry Hall of Fame

Héctor M. Cervantes, Hebert Eduardo Trenchi Casal, Jaime Crivelli Espinoza are three newest inductees
Three poultry professionals were inducted into the Latin American Poultry Hall of Fame on September 28 during a ceremony in Guadalajara, Mexico.
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