Tag Beef

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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 […]

Imagem ilustrativa para pecuaria; regra do ciclo pecuário ainda não virou | Crédito: Schutterstock cattle

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 […]