By Lise Alves, Senior Contributing Reporter
SÃO PAULO, BRAZIL – Linked to the recent tainted meat scandal, Brazilian meat processing giant, JBS, announced on Thursday it was suspending beef production in 33 of its 36 plants located in Brazil for three days. According to the company, production will be decreased by 35 percent in the coming weeks in all plants in the country until the industry’s situation has been re-assessed.
"These measures are aimed at adjusting production until there is a definition regarding the embargoes imposed by the Brazilian meat importing countries,” said the JBS note to investors . . .