Brazil's Minerva sending 700 workers on furlough as beef exports halted
Reporting by Ana Mano, Reuters
June 11, 2019
SAO PAULO, June 11 (Reuters) - Brazilian meat-packer Minerva SA said it was sending 700 workers on furlough at its Barretos plant from June 17 to June 30 to carry out maintenance work at that facility, according to a statement sent to Reuters on Tuesday.
Minerva said the maintenance work was timed to coincide with the suspension of beef exports to China imposed by Brazilís government last week...
Brazil halts beef exports to China after 'atypical' case of mad cow disease
via The Japan Times - Jun 4, 2019
SAO PAULO - Brazil suspended beef exports to China after a case of mad cow disease was reported in Mato Grosso state, according to a government document seen by Bloomberg, dealing another blow to the nationís meat exporters.
Shipments have been temporarily suspended in compliance with quarantine and sanitary protocols between Brazil and China, the South American nationís Department of Inspection of Animal Products said in an internal memo that was also sent to beef exporters. Meat cargoes shipped after May 30 must be returned to producers or redirected to other destinations, it said.
Meat producer Minerva SA fell as much as 6.2 percent in Sao Paulo while larger rival JBS SA lost 5.4 percent. Brazilís agriculture ministry declined to comment on the halt in exports to China. The export suspension was first reported by local newspaper Valor Economico.
The ministry said late Friday a 17-year-old cow with bovine spongiform encephalopathy, or BSE, was found in Mato Grosso. The case was considered ďatypicalĒ as the animal contracted the neurological disease spontaneously instead of through contaminated meat-and-bone meal...