Estratégia
BRF estreia na China com aquisição de fábrica por US$ 42 milhões
Anúncio do investimentos foi feito pelo presidente Lula, durante a visita do mandatário chinês, Xi Jinping. Investimento chegará a US$ 80 milhões
Inputs
Boa Safra Cancels Orders Amid Payment Concerns
Boa Safra, Brazil’s largest soybean seed producer, has canceled orders from some distributors unable to provide sufficient payment guarantees. This decision affects major clients such as Agrogalaxy (AGXY3), controlled by Aqua Capital. In the third quarter, large retailers represented just 20% of Boa Safra’s portfolio, down from 40% last year. The company’s net revenue dropped 26% […]
Results
Marfrig to Distribute $434 Million in Dividends
Marfrig announced 2.5 billion reais ($434 million) in dividends, following a strong cash flow and record results from its subsidiary, the chicken giant BRF. Additionally, the 5.7 billion reais ($990 million) payment made by Minerva to Marfrig for the acquisition of 13 slaughterhouses in October will enable meatpacker to reward shareholders while reducing leverage from […]
Earnings
JBS Hits Record Margin in Brazil's Chicken Unit
In the U.S., Pilgrim’s Pride, another JBS subsidiary, also reported its best margin in seven years
Beef
Cattle Prices Surge in Brazil, Squeezing Meatpackers’ Margins
Since September, the cost of livestock has skyrocketed by 50%, with no clear consensus among experts on whether prices have peaked
Pecuária
Boi gordo a R$ 400 por arroba? Margens dos frigoríficos sob forte pressão
No mercado, já há relatos de negócios fechados acima de R$ 360 por arroba, uma enormidade considerando os preços do início de setembro
Frigoríficos
A conta da Marfrig para distribuir R$ 2,5 bi em dividendos
Com a entrada dos recursos da venda, a Marfrig pode distribuir dividendos e ao mesmo tempo quitar dívidas, incluindo US$ 500 milhões em bonds
Balanço
Seara faz maior margem da história; JBS gera US$ 1 bi em caixa
“Temos um terço do negócio apenas no breakeven e estamos entregando dois dígitos de margem”, comemorou Gilberto Tomazoni, CEO global da JBS
Food inflation
Strong Beef Demand to Offset Rising Cattle Prices, Minerva Says
Strong demand for Brazilian beef, especially from the U.S. and China, is expected to offset rising cattle prices in the medium term, preserving beefpackers’ margins, according to executives at Minerva, South America’s major beef exporter. Cattle prices in Brazil have risen by about 50% in less than two months, raising analysts’ concerns on profit margins in the industry. In […]
Bankruptcy
Agrogalaxy Secures Seeds and Fertilizers for ‘Safrinha’ Corn
Agrogalaxy, a major crop inputs retailer that filed for bankruptcy protection, has been working to reach some deals with suppliers to secure products to sell for famers in Brazil’s second-corn crop, known as ‘safrinha’, which seedings starts in the first months of 2025. The arrangements are important to keep the company alive amid its judicial […]