BRASILIA: Brazil’s environmental protection agency Ibama has imposed 365 million reais (US$64mil) in fines on cattle ranches and meat packers, including the world’s largest JBS SA, for raising or buying cattle on illegally deforested land in the Amazon.
Ibama said on it had identified 69 properties that had sold 18,000 head of cattle raised on deforested land, and 23 meat packing companies that bought the cattle in the states of Para and Amazonas.
