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US Lawmakers Upset With JBS

Meat packing giant JBS is coming under fire from some US lawmakers, for paying a multi-million-dollar ransom following a cyber-attack this month.

The company revealed last week, it paid the equivalent of 11 million dollars' worth of Bitcoin to what's believed to have been a group of Russian hackers that infiltrated its computer system. The cyber-attack forced the company to shut down operations at several of its plants around the world for at least 24 hours, including the huge plant in Brooks. In a statement, JBS said it was a difficult decision to make but felt it had to be made to prevent any potential risk to customers. But some members of the US Congress are worried that simply paying a ransom to unlock computers will set a dangerous precedent for other would-be hackers to launch similar attacks. Two weeks earlier, a major pipeline company in the US was the victim of a cyber-attack. It also revealed it paid millions of dollars to unlock its computers.

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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.