Brazil's President Worries About JBS

Brazil's President Worries About JBS

May 30, 2017

Brazil's Agriculture Minister says that he has been worried about the size of JBS, a processed meatpacking company, for a long time. There have also been reports of the Agricultural Minister also criticizing a Brazilian development bank for helping build JBS’s dominant market position. In recent years JBS has purchased rivals in cattle-producing regions throughout Brazil with the help of nearly 2.5 billion dollars in government funding.

Brothers Joesley and Wesley Batista of JBS continue settlement talks in a recent corruption scandal. Both brothers have resigned from their senior chairman positions effective immediately. The testimony unleashed a political crisis, alleging that they bribed hundreds of politicians. There are also reports that say they're willing to shell out 1.3 billion dollars for the plea deal.

  • NEWSMore>>

  • 2018 Farm Bill Passes with Overwhelming Support in the House

    2018 Farm Bill Passes with Overwhelming Support in the House

    Thursday, December 13 2018 3:11 PM EST2018-12-13 20:11:50 GMT
    The U.S. Capitol BuildingThe U.S. Capitol Building

    Representatives compromise on key policies like SNAP work requirements and forest management in order to secure passage.

    Representatives compromise on key policies like SNAP work requirements and forest management in order to secure passage.

  • FFA Today to Premiere in January 2019

    FFA Today to Premiere in January 2019

    Tuesday, December 11 2018 4:20 PM EST2018-12-11 21:20:42 GMT

    NASHVILLE, Tenn (RFD-TV) In the new year get ready for a new RFDTV student led program entitled FFA Today. The show will feature FFA member accomplishments in their classrooms and communities. FFA Today premieres on RFDTV January 7, 2019 at 7:00 PM ET.

    NASHVILLE, Tenn (RFD-TV) In the new year get ready for a new RFDTV student led program entitled FFA Today. The show will feature FFA member accomplishments in their classrooms and communities. FFA Today premieres on RFDTV January 7, 2019 at 7:00 PM ET.

  • Today is the Deadline for Most Spring Crop Harvest Insurance

    Today is the Deadline for Most Spring Crop Harvest Insurance

    Monday, December 10 2018 2:19 PM EST2018-12-10 19:19:20 GMT
    Crop Insurance DeadlineCrop Insurance Deadline

    The Crop Harvest Insurance deadline for most spring planted crops is today, December 10, 2018

    The Crop Harvest Insurance deadline for most spring planted crops is today, December 10, 2018

Powered by Frankly
All content © Copyright 2000 - 2018 Frankly and RFDTV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service , and Ad Choices .