Stop the rot: Keeping an eye on the supply chain

JBS, the world’s largest meat processor, is preparing for a billion-dollar IPO on the NYSE this year. But its plans were significantly undermined in March after a two-year investigation by the Brazilian authorities revealed high-level government and corporate involvement in a scheme to disguise and sell rotten meat to the domestic and international retail market. This sparked consumer outcry, numerous import bans on Brazilian beef and a single-day fall of 11 percent in JBS’ share