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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (1765)	7/3/2018 4:34:28 PM
From: elmatador	Read Replies (1) \| Respond to of 2514

The change in President could result in a greater opening of the Mexican market for Brazil Brazil could be such an alternative partner for the potential supply of major items like meat products. Having been punished by recent illnesses, Mexico has already been looking to Brazil. In Agribusiness, the Score Between Brazil and Mexico could be More Elastic 07/03/2018 - 12H35 MAURO ZAFALON SÃO PAULO In soccer, Brazil just defeated Mexico 2 to 0, but in the agricultural field the score could be higher. The commercial relationship between Brazil and Mexico is growing. The "America First" attitude adopted by the United States and "Mexico First", voiced by López Obrador, Mexico's President Elect, are likely to accentuate commercial friction between the two countries. It is too early to know for certain, but logic indicates difficulties coming ahead. The change in President could result in a greater opening of the Mexican market for Brazil. Brazilian leadership in the supply of many products is favorable to increased commerce with Mexico. The Mexicans are seeking to diversify their market and trading partners to lower dependency on the United States. Brazil could be such an alternative partner for the potential supply of major items like meat products. Having been punished by recent illnesses, Mexico has already been looking to Brazil. From January through May of this year, Mexican imports of meat products totaled 45 thousand tons, 100% more than during the same period in 2017. In the next ten years, Mexico will import 1.3 million tons of poultry, 36% more than they are currently, according to the USDA (United States Department of Agriculture). Mexico also depends on the United States for pork and beef products, but Brazil could open up this market and supply these as well. Mexico will also increase its dependence on corn imports. Within the next 10 years, the country will be importing 24 million tons from abroad. Mexico is also likely to open up to other Brazilian agricultural products including rice, whole soybeans, soybean meal, sugar and coffee.

To: Glenn Petersen who wrote (1765)	7/19/2018 4:20:04 AM
From: elmatador	Respond to of 2514

Luckily for them there is too much money seeking too few hard assets and growth potential. Take the case of mobile operator OI. Biggest bankruptcy in Brazil history. Now in judicial recuperation Investment firms fight to inject cash in Brazil carrier Oi The fight for the chance to invest in Oi, Brazil’s largest fixed line carrier, reveals a sharp turnaround in investors’ perception of a company that flirted with liquidation a year ago. Brazil’s consumer-led economic recovery and bets on industry consolidation have boosted interest in the company after three years of battles between shareholders and creditors. https://www.reuters.com/article/us-oi-sa-restructuring-exclusive/exclusive-investment-firms-fight-to-inject-cash-in-brazil-carrier-oi-idUSKBN1K82PS

To: Glenn Petersen who wrote (1765)	8/29/2018 6:03:53 AM
From: elmatador	1 Recommendation Recommended By aknahow Read Replies (1) \| Respond to of 2514

How Brazil stole the production of orange juice from Florida More than 50 percent of all orange juice bottled by major companies like Tropicana is supplied by a Brazilian companyIn 2017, this OJ export market was worth $1.4 billionBrazilian orange juice companies used this cash influx to come into the U.S. and buy out Florida's production facilities Peter Q.W. Chung Published 8:47 AM ET Thu, 23 Aug 2018 More than 50 percent of all orange juice bottled by major companies like Tropicana is supplied by a Brazilian companyIn 2017, this OJ export market was worth $1.4 billionBrazilian orange juice companies used this cash influx to come into the U.S. and buy out Florida's production facilities In the United States, orange juice is synonymous with Florida. It may come as a surprise, then, to look at the fine print on a bottle of Tropicana and Simply Orange and discover that part of the product isn't from the Sunshine State after all. It's from Brazil. Orange juice is big business in Brazil. After a series of frosts swept through Florida in the 1960s, devastating orange groves, Brazil met that deficit with its own supply, starting with frozen concentrate orange juice. Then, in 2005, citrus greening disease, which had spread throughout the world from China, arrived in Miami. It rendered oranges in affected groves inedible, resulting in a 55 percent decline in production over the next decade. In response, Florida's orange growers raised OJ prices by nearly $2 per gallon, causing bottlers to turn to cheaper Brazilian OJ. Today, more than 50 percent of all orange juice bottled by major companies like Tropicana is supplied by a Brazilian company, shipped in specialized fruit juice tankers from the Port of Santos in Sao Paulo. In 2017, this OJ export market was worth $1.4 billion. Brazilian orange juice companies used this cash influx to come into the U.S. and buy out Florida's production facilities, making Brazil a financial backer of much of America's orange juice. However, cheaper Brazilian orange juice has some serious costs. One 2015 report from activist organization Supply Cha!nge called the orange picking industry in Brazil "a modern system of slavery." Workers are sometimes unpaid for weeks and trapped in employment contracts that keep them in debt and stuck on the plantation, the report says. The report also alleges that high pesticide use leads to unsafe working conditions and even death. Supply Cha!nge claims the orange juice produced under these conditions ends up in Simply Orange, Tropicana and Minute Maid bottles. CNBC reached out to several top exporters of Brazilian OJ — Citrosuco, Cutrale and Louis Dreyfus Co. — and two major retailers of OJ in the U.S. — Coca-Cola and PepsiCo — for comments on the report's claims. Citrosuco told CNBC "it does not recognize any working condition analogous to slavery in its relations and emphasizes that it does not agree with such practices. The company ensures that it strictly complies with the labor legislation regarding all its employees." Cutrale said in a statement to CNBC that it "strives to be totally compliant with the labor and environmental laws everywhere it operates. All of our more than 18,000 workers earn salaries above minimum wage by law, have weekly rest days, receive robust training and are provided with appropriate safety equipment." Louis Dreyfus Co. did not respond to CNBC's request for comment. Coca-Cola, which owns Simply Orange and Minute Maid, has not responded to CNBC's request for comment. But the company was quoted in the Supply Cha!nge report as saying that it does "not tolerate the practices documented in this study. Although Coca-Cola regularly audits and controls the juice companies and the plantations they own directly, this does not include subcontractors." Pepsico, which owns Tropicana, did not respond to CNBC's request for comment. Recently, President Donald Trump's tariffs and trade war have provoked the EU, Canada and China to impose an import tax on U.S. orange juice. While American exports of OJ have fallen 60 percent in the last five years, tariffs from some of its largest trading partners could kill America's export industry, increase reliance on Brazil and raise OJ prices for Americans.