Marfrig looks for scale in meat supply chain in post-pandemic recovery May 25, 2021 Brazilian meat packer Marfrig has acquired a 24.2% stake in its competitor BRF to achieve “complementarities with its sector of activity” it does not intend to “exert influence over the activities of BRF”. Economies of scale and scope matter in food supply chains, particularly in the wake of ... Read more →
JBS, Marfrig’s Brazilian beef could benefit from Argentine export ban May 21, 2021 Argentina has stopped exporting beef in an attempt to curb inflation, which has led to closures of meat packing plants and a strike by ranchers. Argentina’s exports of beef accounted for 5.9% of global trade in 2019. That would suggest global shortages might be averted though prices could rise... Read more →
Minerva, Marfrig rein in beef packing, become more reliant on exports April 13, 2021 Brazilian meat packers including Minerva and Marfrig have temporarily paused production of packaged beef due to a recent increase in cattle prices and inability to pass on higher costs. That’s increased the importance of exports. Brazil’s beef exports climbed 10.8% year over year in February, ... Read more →
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