Snubbed By Australia, Shanghai Pengxin Purchases a 57% Stake in Brazilian Soybean and Grains Trader

Hunan Dakang Pasture Farming, a company of the Shanghai Pengxin group, has paid US$286 million to acquire 57 percent of Brazilian trading company Fiagril Ltd, reported financial news agency Bloomberg. In a statement, Fiagril Participações, based in the state of Mato Grosso, reported its shareholders had reached an agreement with a Chinese company, whose shares

Heilongjiang’s Meat Processor, Foresun Group, to Buy Three Abattoirs in Argentina from Brazil’s Marfrig Global Foods

Chinese meat processor Foresun Group has agreed to buy three beef slaughterhouses and a livestock confinement unit in Argentina from Brazilian meatpacker Margrif Global Foods SA for $75 million. Under the agreement, Black Bamboo Enterprises, a subsidiary of Foresun, will take over three meatpacking facilities in the towns of Hughes [Santa Fe Province], Vivorata [Buenos

China is the Top Market for Brazilian Beef

China has become the main market for Brazilian beef, an official report said Tuesday [1 March 2016]. China bought 906 million U.S. dollars’ worth of beef from June 2015 to January 2016, making up 28 percent of the sector’s revenue, according to data from the Brazilian Ministry of Development published by local daily Folha de

Hainan Law Enforcement Officials Seize Largest Single Shipment of Smuggled Frozen Meat Products

Police on the southern island province of Hainan have intercepted their largest ever haul of smuggled frozen meat. The 660 tonnes of beef, ox tripe, chicken and chicken feet from Brazil, Argentina, Poland and Australia filled 18 shipping containers and is worth more than 21.5 million yuan (3.4 million U.S. dollars), the border police of

Chinese Imports of Brazilian Agricultural Goods Continue to Rise

China was the leading country in the import of farm products from Brazil in July, increasing its share of exports from the sector from 25.5 percent to 32.1 percent, said the Ministry of Agriculture. Figures from the Brazilian Foreign Agro-business Trade Statistics System (AgroStat), cited by the daily newspaper Estado de São Paulo, showed that

Brazil to Send Trade Mission to Beijing and Shanghai to Promote Beef Exports

A Brazilian trade mission will visit China in June to promote beef exports, an official said. The mission, including representatives from Brazil’s main producer organizations, is being coordinated by the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) and will visit Shanghai and Beijing on June 9-12 [2015]. In a recent interview with Xinhua, Ana Paula

JBS-owned Poultry Processor Authorized to Export Chicken to Mainland China

Nine companies from Brazil have received authorisation to export frozen beef and chicken to China under the terms of one of 35 agreements signed Tuesday [19 May 2015] in Brasilia by representatives from both countries, the Brazilian press reported. The agreement, whose technical name is Health and Quarantine Requirement Protocol, authorised the Big Frango company,

China was the Largest Market for Brazilian Agricultural Exports in 2014

China was the country that imported the most agricultural and livestock products from Brazil in 2014, according to figures from the Brazilian Agribusiness Foreign Trade Statistics System (AGROSTAT). In second to fifth place on the list are the United States, the Netherlands, Russia and Germany, and the topl five countries last year imported agricultural and