Wednesday, April 19, 2017/Categories: General News, Today's Top 5, Livestock, Livestock Markets, Cattle, International , Ag Issues
Federal Police in Brazil has indicted 63 people for their role in a vast corruption scheme within the Ministry of Agriculture. The charges allege federal auditors at meat processing facilities took bribes for years in exchange for fraudulent sanitary permits.
The probe into Brazil’s meat corruption was launched March 17, 2017, by Brazil’s Federal Police. Brazil, the world’s largest beef and poultry exporter and the fourth largest exporter of pork, saw its exports drop to near zero within a week of the scandal’s announcement, though most export sales have resumed.
The suspects in the case are charged with falsifying medical records and certificates, tampering with food products, conspiracy and corruption. One employee at a JBS processing plant in Brazil was included in the investigation, allegedly due to his relationship with federal inspectors. The employee was suspended.
Today the April 1 cattle-on-feed report was released by the USDA. The bullish pre-report optimism turned out to be more negative than what analysts had expected.
To assist young Montanan’s education of rangeland, Montana Range Days, Inc. has established the Montana Range Days Scholarship fund. Three $1,000 scholarships are awarded to applicants that are majoring in Range Science or a related field. The scholarship will be awarded upon successful completion of one semester of college.