France - Mercosur opposition

France’s agriculture minister Annie Genevard said that additional safeguards for agriculture in the Mercosur trade deal are under discussion to secure Paris’s approval of the pact.

Brazil - record crop production

Brazil’s agriculture agency Conab said it sees the country’s crop output for the 2024/25 year totalling 336.1mt, a 13% increase on the previous year and an all-time record high.

USA - Brazil meat listing

Shares in JBS, the world’s largest meat company with €65bn in annual sales, started trading on the New York Stock Exchange on 13 June.

New Zealand - fresh Fonterra bidder

Australia’s Bega Group has sought informal merger clearance for a potential acquisition of Fonterra’s Oceania business unit. French dairy giant Lactalis made a similar move last month.