Brazil-Concerns in meat industry.

BRAZIL-Once Solid, Brazil’s Big Food Companies Now Wobbling

There will be mergers and rumors of mergers and there will be corporate failures and name brands disappearing - for many of Brazil’s heavy-hitting food companies, these are indeed the end times. Beef companies Independencia and Arantes have defaulted on debt payments and filed for credit protection recently. Brazil’s No. 2 beef exporter, Bertin, could be next, according to Moody’s.