Brazil probes JBS, other beefpackers for buying cattle from deforested land
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Brazil's environment agency Ibama is investigating 12 meatpacking plants, including JBS SA, for allegedly purchasing cattle from illegally cleared land in the Amazon. The agency has fined six meatpackers a total of 4 million reais ($740,000) for buying cattle from embargoed areas. Ibama seized over 7,000 cattle from farms blocked due to illegal deforestation and imposed fines totaling 49 million reais ($9.04 million). JBS and other implicated companies deny wrongdoing, claiming they follow monitoring protocols for cattle sourcing.
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