the brazilians are comeing

leg wax

what are your thoughts on them entering the irish market to purchase irish cattle,will they at long last bring competition to the shores.i think it could be interesting times ahead,they seem to be active selling in a lot of other countries, so hopefully new markets will be opened up, the one thing i am worried about is will they bring in their own beef and bone it here and then sell it on,is it a loop hole for them to get into europe?

5live

leg wax wrote: »

what are your thoughts on them entering the irish market to purchase irish cattle,will they at long last bring competition to the shores.i think it could be interesting times ahead,they seem to be active selling in a lot of other countries, so hopefully new markets will be opened up, the one thing i am worried about is will they bring in their own beef and bone it here and then sell it on,is it a loop hole for them to get into europe?

I wouldnt be too worried about brazilian beef coming in and masquerading as irish beef. When it was coming in by the boatload nobody was buying it or using it but it all found a market:rolleyes:. Access to european markets depends on EU officals attitudes to trade deals. If it will help sell a few dvds or asprin in south america then byebye irish beef

colrow

What we all have to have Brazillians, good diversification for the shearers

Muckit

leg wax wrote: »

what are your thoughts on them entering the irish market to purchase irish cattle,will they at long last bring competition to the shores.i think it could be interesting times ahead,they seem to be active selling in a lot of other countries, so hopefully new markets will be opened up, the one thing i am worried about is will they bring in their own beef and bone it here and then sell it on,is it a loop hole for them to get into europe?

They're very smart, no flys on them Brazilians (could be some on their beef though:rolleyes:)

Why wouldn't any Meat processor favour moving to Ireland when they are getting their raw material a the most competitive price in Europe. That and the fact that their are already alot of skilled brazilian boners in Ireland. They are looking after their own, which is more than our government is doing. Just stand outside Kepak in Athleague any morning, 95% of the workers going in are brazilian. Then again you could say, where were the Irish when those jobs were their to apply for...

It's a sad state of affairs all the same. Just when we thought things couldn't get any worse in the beef sector in this country.... All that money leaving the country because we took our eye off the ball. Where is it going to end?

I hate thinking about, I just can't come up with the answers:rolleyes:

To finish on a good note, Fair play ye diary boyo's... 'KerryGold' the top selling butter in Germany.... who would have thought? Well done!:D

Birdnuts

The Economist had an article on Brazilian agriculture and its future a few weeks back - all I can say is be afraid, be very afraid:(

dealerman

i hope and think its good news hopefully they fight with larry for stock he had it all to him self for long enough

5live

dealerman wrote: »

i hope and think its good news hopefully they fight with larry for stock he had it all to him self for long enough

Now thats a fight i cant wait for. But who will i be shouting for:(

know_how

Birdnuts wrote: »

The Economist had an article on Brazilian agriculture and its future a few weeks back - all I can say is be afraid, be very afraid:(

Here's the article about a Brazilian livestock company:

Cluck, moo, oink, ka-ching
A Brazilian livestock firm has grown to prize-winning size

UNLESS you work with quadrupeds, it may have escaped your notice that a Brazilian company, JBS, is about to become the world’s largest processor of meat. Its recent acquisition of Pilgrim’s Pride, a big chicken processor in America and Mexico, and a pending merger with Bertin, another Brazilian firm, will soon give it bigger sales than Tyson Foods, the American firm that currently claims the top spot. Other Brazilian names—Vale in mining, Embraer in aviation, Petrobras in oil—may be more famous. But JBS is now the second-largest private-sector company in Brazil by sales, after Vale. And a large majority of its sales come from outside the country.

This is a stunning transformation for a business that began life in Goiás state 56 years ago with a slaughterhouse that could butcher just five cattle a day. Its founder, José Batista Sobrinho, used to carry sides of beef on his back to market, according to a friend. The expanded firm will slaughter more than 140,000 animals a day and employ 129,000 people. Mr Batista’s three sons still control and run the company, although 49% of it is publicly traded.

The mixture of family control and rapid expansion is unusual in Brazilian agriculture. Many cattle-ranchers operate in the informal economy and lots of slaughterhouses do not pay taxes, making the industry difficult to consolidate. As in other parts of the world, family-run agricultural firms in Brazil tend to focus on keeping things intact for the next generation rather than betting the farm.

JBS has behaved differently, bringing in professional management and expanding through ambitious acquisitions from an early stage. Some say the company has been too aggressive. It was fined 15m reais ($8.4m) in 2007 for anti-competitive behaviour by Brazil’s antitrust regulator, although it recently improved its image by agreeing to forgo buying cows raised on deforested land.

An international shopping spree has brought the company big operations in Argentina, Italy, Mexico, America and Australia. But none of the company’s previous buys compares in size to its purchase in 2007 of Swift, the third-biggest processor of beef and pork in America and the biggest processor of beef in Australia. With it came a lesson in the politicking that can hamper big foreign acquisitions.

The Ranchers-Cattlemen Action Legal Fund lobbied against JBS before the antitrust committee of America’s Senate, warning of price-gouging of farmers and anti-competitive behaviour, and got a sympathetic hearing. But in the end American regulators approved JBS’s purchase of Swift, just as they approved the Pilgrim’s Pride transaction in mid-October.

Part of the resistance to JBS in America has come from the distinctively Brazilian way in which the firm is financed. Brazil’s national development bank, BNDES, has a mandate to promote the international expansion of Brazilian companies, among other things. It is funded by a compulsory levy paid by companies and public-sector bodies on each worker they employ. BNDES bought 13% of JBS’s stock in 2007 as part of a capital-raising that allowed it to buy Swift. It also provides long-term loans to the company. One way around the public-relations problem this creates is to buy struggling companies like Pilgrim’s Pride, which JBS is rescuing from bankruptcy.

A far bigger problem for JBS is how to integrate all its new operations into a coherent beast. This will be a big test for the Batista brothers and for Brazil’s tropical brand of capitalism, which mixes family control with traded stock, and finance from state-run banks with foreign acquisitions. Brazilian companies in other industries are watching how JBS gets on and plotting similar moves themselves.

John_F

looks like ifj got it wrong : http://www.farmersjournal.ie/downloads/051110.php

dealerman

so we will still hav to sell to the big 3 and take what we get and wait to get them killed