Danish Crown Secures 5-Year Distribution Agreement with Alibaba’s Win-Chain; Brazil’s JBS Secures MOU with Win-Chain

Even before the first pork chop based on Danish raw material has been cut and packaged at Danish Crown’s new processing facility in China, the ‘sold-out’ sign is going up…Full Article: Danish Crown Nov 2018 Key Points In November 2018, Danish Crown secured a CNY 2.5 billion (EUR 300 million) 5-year distribution agreement to supply

CITIC and Longping High-Tech Agriculture Complete Acquisition of Dow’s Brazilian Corn Seed Assets

Citic Agri Fund has completed its $1.1 billion acquisition of some of Dow Chemical Co.’s Brazil agriculture assets, a move that has netted the company a significant chunk of the country’s huge agricultural sector…Full Article: Caixin Dec 2017 Key Point As a result of the acquisition, Citic Agri Fund now owns four Dow AgroSciences’ corn

Hong Kong Suspends Meat Imports from Brazilian Companies on Suspicion of Falsified Certificates

Hong Kong authorities on Thursday [21 September 2017] suspended meat imports from a Brazilian exporter and two producers on suspicions that health certificates had been falsified for 10 shipments of frozen chicken feet and livestock offal. Some shipments should have only been intended as pet food, Hong Kong’s Centre for Food Safety said in a

Food Safety Scandal Embroils Brazil’s Meatpacking Industry as China Suspends Imports and Hong Kong Issues a Recall

China and the European Union curtailed meat imports from Brazil on Monday [20 March 2017] after police, in an anti-corruption probe criticized by the government as alarmist, accused inspectors in the world’s biggest exporter of beef and poultry of taking bribes to allow sales of rotten and salmonella-tainted meats…Full Article: China Daily Mar 2017 Brazil’s

Shanghai Pengxin May Buy Brazilian Lender to Facilitate Future Agribusiness Deals

Shanghai Pengxin Group Co is in talks to buy control of Brazilian mid-sized lender Banco Indusval & Partners SA (BI&P), as the Chinese conglomerate wants to expand beyond commodities in Latin America’s largest economy, three sources with direct knowledge of the matter said. Representatives of Pengxin and partners of BI&P have discussed tie-up scenarios, two