Brazil Fines Meatpackers $64 Million for Illegal Amazon Cattle Purchases

The operation targeted 23 companies, including meat giant JBS, for sourcing cattle from deforested lands.

Brazil's environmental agency, Ibama, conducted a three-month investigation leading to the operation named Cold Meat 2.
The operation tracked 18,000 cattle raised on 100 square miles of deforested Amazon land restricted for commercial use.
JBS, the world's largest meatpacking company, was fined $108,000, the fifth largest penalty among the companies.
Ibama seized 8,854 cattle found in the restricted areas, highlighting ongoing deforestation issues in the Amazon.
JBS, facing opposition to its New York Stock Exchange listing, denies purchasing cattle from embargoed areas.