Brazil

Tereos' Sugar Production In Brazil Grows 19% In 2023/24 Season

French sugar maker Tereos said on Friday its sugar output in Brazil grew 19% in the 2023/2024 harvest, along with better-than-expected sugarcane crushing.

Brazil's GPA Mulls €190m Share Offering To Reduce Debt

Brazilian food retailer GPA has hired banks to evaluate a potential offering of primary shares worth 1 billion reais (€190 million) as part of a broad...

Brazil’s JBS To Invest R$43m To Enhance Traceability In Cattle Supply Chain In Pará

Brazilian meatpacker JBS plans to invest R$43 million over the next three years to enhance transparency and traceability in its cattle supply chain in Par&...

Diageo Launches Responsible Drinking Campaign

Spirits giant Diageo has launched a new global responsible drinking campaign, The Magic of Moderate Drinking, to encourage consumers to drink responsibly o...

Brazil's BRF To Up Direct Grain Purchases In Bid To Boost Traceability

Brazilian food processor BRF plans to increase its direct purchases of grain from farmers to 40% of its total by next year, as it seeks to increase control...

Carrefour Brazil Shifts Focus From Hypermarkets

Carrefour Brasil is shifting its focus away from hypermarkets and towards cash-and-carry stores, shopping clubs, and neighbourhood stores in the coming yea...

GPA Concludes Sale Of Stake In Cnova To Casino For €10m

Brazilian food retailer GPA has concluded the sale of its 34% indirect stake in e-commerce company Cnova to its controlling shareholder Casino for €10...

South America Will Account For 50% Of Global Beef Exports In Five Years, Minerva CEO Says

The South American region will account for 50% of global beef exports in five years, up from 40% presently, according to beefpacker Minerva's chief executi...