Brazil

Chinese Demand Pushes Brazil Beef Prices To Record High

Brazil's famous barbecue is getting more expensive as Chinese demand is increasingly swallowing up the country's beef supply, pushing Brazilian cattle pric...

Brazil's GPA Teams With Local Brewer To Sell In-House Craft Beer

Brazilian supermarket chain Grupo Pao de Acucar SA has teamed-up with a local brewery to launch its own craft beer brand, a move likely to boost the share...

South Africa's Astral Foods' Profits Hit By High Feed Costs, Drought

South Africa's Astral Foods Limited said on Monday its full-year profits plunged by 55% after higher feed costs hit its poultry division, a decline it firs...

Brazil's JBS Posts $86m Profit For Third Quarter

JBS SA, the world's largest meatpacker, on Thursday reported a quarterly net profit of $86 million as higher meat prices across its markets bolstered resul...

Ambev To Invest $145m In Wind Farm To Power Budweiser Breweries In Brazil

Ambev SA said on Friday it has signed a deal with a private equity group to build a wind farm that will supply renewable energy to all of its beverage plan...

Brazil Cancels Decree Barring Sugarcane Cultivation In The Amazon

Brazil has cancelled a 10-year-old ban on sugarcane cultivation in its Amazon rainforest and central wetlands, the government gazette said on Wednesday, wh...