Brazilian police raided the premises of global meatpacking companies JBS SA and BRF SA March 17 as part of a corruption probe. Authorities allege bribery of health officials that could impact the country's $12 billion in annual meat exports.read more
While not the largest food producer in the world, Brazil is no slouch either: most estimates note the country represents nearly 7% of the global food market. It is the world's largest exporter of soy, orange juice, chicken, beef and coffee, and is the second largest when it comes to corn. And now, Brazil is looking to increase its agricultural exports to Asia's rapidly growing middle class.read more
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