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Cattle Farmers Pay Price for JBS Graft as Giant Buying Less (2).

Authors :
Freitas, Tatiana
Source :
Bloomberg.com; 6/27/2017, pN.PAG-N.PAG, 1p
Publication Year :
2017

Abstract

Producers say they fear not getting paid for the cattle delivered to JBS, especially with banks asking ranchers for additional guarantees on loans made against expected sales to the company. In the meantime, ranchers may continue to hold off on selling their cattle until prices rebound or JBS starts paying in cash again, Caiado said. [Extracted from the article]

Subjects

Subjects :
CATTLE
FARMERS
WAGES
CATTLE prices

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
140790791