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Brazil Meat Scandal Creates Opening for Competitors

Brazil Meat Scandal Creates Opening for Competitors BN SQ092 meatra G 20170323170757

Brazil’s tainted-meat scandal is driving up cattle prices and creating an opening for competitors in the U.S. and elsewhere that have struggled to match the South American nation’s low production costs.

The European Union and countries including China have banned beef, pork and poultry from Brazil or particular companies there accused by police of bribing sanitary officials to secure health certificates. The U.S. and other countries…

Source : WSJ

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