Brazil
Environmental advocacy group Mighty Earth recently discovered that several Brazilian beef companies, including JBS, Marfrig and Minerva, raised cattle on land within the state of Mato Grosso where several herbicides were used to deforest the land to use for ranching. These herbicides contained compounds of the defoliant Agent Orange, which is linked to numerous diseases and health risks.
Claudecy Oliveira Lemes, the rancher involved, was fined $521 million for the environmental crimes committed. As more negative research is revealed surrounding the environmental harm caused by the practices of some cattle ranchers in Brazil, the potential for divestment from the country increases, which could lead to a boost in demand for hides sourced from the US or other regions not linked with deforestation.
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11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
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Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
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Price pressure on ruminant meat...