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Quién gana la guerra por el negocio de las hamburguesas congeladas en el país de la carne

Quién gana la guerra por el negocio de las hamburguesas congeladas en el país de la carne
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UPDATE 3-Brazil financial watchdog probes Minerva CFO comments that roiled shares

Brazilian securities watchdog CVM said on Thursday it was investigating comments by a top executive of Minerva SA on social media and in a newspaper that sent shares of the meatpacker on a wild ride this week.

Brazilian meatpackers commitment to emissions targets under scrutiny

Home Brazilian meatpackers’ commitment to emissions targets under scrutiny Brazilian meatpackers’ commitment to emissions targets under scrutiny Beef industry faces pressure to prove animals do not come from farms engaged in deforestation World Economy News 28 Jun 2021 • 6 min read Every day at abattoirs across Brazil, tens of thousands of cattle are butchered into choice cuts, burgers and ready-meals sold at home and around the world. While the booming multibillion-dollar trade has made the Latin American nation the biggest global exporter of beef, the exact origins of the animals are often a mystery. “There is a guy who produces the calf, one raises it and another that does the fattening,” said Gilberto Tomazoni, chief executive of JBS, the world’s largest meat processor with $50bn in annual turnover. “Basically, there has been a lack of information to monitor the suppliers of our suppliers.”

Argentina s meat market will be strengthened by government action - Minerva Foods

RIO DE JANEIRO, BRAZIL - The recent restrictions imposed by the Argentine government on meat companies operating in the country tend to narrow the number of formal companies in the market and strengthen the sector, said on Wednesday the CFO of Minerva Foods (BEEF3), Edison Ticle, while referring to the reinstatement of meat export registrations, announced in April. Minerva Foods CFO recalled that Argentina s official exchange rate is significantly lower than the market average and this has become a perverse incentive for intermediaries to enter the meat trade with the sole purpose of arbitraging currency. According to the executive of . . .

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