Animal products are on their way out. In a clear sign of the times, the world’s largest meat company, JBS, recently reported that its profits had fallen 79.8% year-over-year. The company’s failure is tied in part to a recent scandal in Brazil, where an investigation — Operation Weak Flesh — revealed widespread corruption in the oversight of meat safety. Investigators …
June 21, 2017 update: A Brazilian federal judge has blocked this $300-million sale of JBS beef operations to Minerva, as a corruption investigation continues and as the office of the attorney general asks that the assets of JBS and its majority shareholders be frozen. Read more from Reuters. JBS, the world’s largest meat producer, has been making headlines as its …
Guest commentary by COK volunteer Simone de Lima, of Brazil: In March, we reported on an investigation into corruption in the Brazilian meat industry that made major headlines across the world. The investigation — dubbed Operation Weak Flesh — went on to reveal systemic corruption in the government oversight of meat safety in more than 30 companies, ranging from smaller slaughterhouses all the …