Brazil’s tainted-meat scandal is driving up cattle prices and creating an opening for competitors in the U.S. and elsewhere that struggled to match the South American nation’s low production costs. The European Union and countries including China have banned imports from Brazil or companies there accused by police of bribing sanitary officials for health certificates. The U.S. and other countries have also stepped up inspections of...
Source: Wall Street Journal March 24, 2017 09:22 UTC