Brazil’s Piece of American Beef Grows

Brazil recently furthered its holding in the American beef supply chain.  Marfrig Global Foods SA increased its ownership in National Beef, a member of America’s “Big Four” packers, from 51 percent to 81.7 percent.

Jefferies Financial Group announced an agreement to sell its remaining 31 percent of National Beef to Marfrig for $860 million.  The deal is set to close by

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