Poultry Archives - Page 57 of 87

Brazil federal police raid JBS on insider trade probe

By GFM Network News June 9, 2017

Sao Paulo | Reuters — Brazil’s federal police on Friday raided the offices of JBS SA to investigate the alleged use of insider information in financial market dealings, pushing shares in the embattled meatpacker to a two-week low. Police said there were indications that JBS and controlling shareholder FB Participacoes SA gained an unfair advantage […] Read more

Livestock, Poultry/Eggs, Reuters

JBS says Pilgrim’s Pride stake not for sale

By GFM Network News June 7, 2017

Chicago | Reuters — Brazilian meat packer JBS SA’s core U.S. assets, including its majority stake in Pilgrim’s Pride Corp., are not for sale, the company said on Wednesday, a day after announcing a deal to sell Argentine operations. U.S. chicken company Pilgrim’s Pride is critical to JBS’ long-term strategy of pursuing business opportunities that […] Read more

Livestock, Reuters

JBS sells LatAm units to Minerva

By GFM Network News June 6, 2017

Sao Paulo | Reuters — JBS SA has agreed to sell plants in Argentina, Paraguay and Uruguay to rival Minerva SA for US$300 million, as the world’s largest meatpacker seeks cash to weather a corruption scandal that caused a spike in funding costs. JBS will use proceeds from the transaction to cut debt, according to […] Read more

Beef Cattle, Livestock, Reuters

JBS parent to pay record fine in leniency deal

By GFM Network News May 31, 2017

Brasilia/Sao Paulo | Reuters — J+F Investimentos, controlling shareholder of the globe’s largest meatpacker JBS SA, agreed to pay a record-setting 10.3 billion real (C$4.3 billion) fine for its role in corruption scandals that threaten to oust President Michel Temer, Brazilian prosecutors said. The settlement means that Brazil’s three-year sweeping graft investigations have now led […] Read more

Livestock, Reuters

JBS scandal might reduce Brazil meat supplies, industry group says

By GFM Network News May 27, 2017

Sao Paulo/Cuiaba | Reuters — An unfolding corruption scandal involving meatpacker JBS SA may reduce meat supply in Brazil, potentially benefiting rivals of the world’s largest beef exporter, industry group Abrafrigo said. Since the scandal broke, JBS and ranchers have been at odds, with the company deciding to stop buying cattle for cash and producers […] Read more

Beef Cattle, Livestock, Reuters

JBS shares soar as speculation mounts over crisis fallout

By GFM Network News May 25, 2017

Cuiaba, Brazil | Reuters — Shares in JBS SA , the world’s largest meatpacker, spiked on Thursday as speculation mounted over its strategy for weathering the fallout from a corruption scandal centered on its owners. The stock closed 23 per cent higher, approaching levels last seen before the graft scandal rattled Brazil a week ago […] Read more

Livestock, Reuters

JBS brothers test dealmaking skills in Brazil plea deal showdown

By GFM Network News May 19, 2017

Sao Paulo/Washington | Reuters — The brothers whose deft dealmaking helped build JBS SA into the world’s No. 1 meat processor are testing that talent like never before as they seek a leniency deal with prosecutors after admitting to paying millions of dollars in bribes to Brazilian politicians. JBS and its controlling shareholder J+F Investimentos, […] Read more

Livestock, Reuters

Brazil watchdog opens new probes into JBS-related insider trading

By GFM Network News May 19, 2017

Sao Paulo | Reuters — Brazil’s securities regulator said it launched four new probes against meatpacker JBS SA and other companies controlled by J+F Investimentos on Friday to investigate suspicious trades made before markets were rattled by the revelation of a plea deal by the company’s top executives. In a statement late on Friday, CVM […] Read more

Livestock, Reuters

JBS delays but does not give up on U.S. IPO plan

By Reuters, GFM Network News May 16, 2017

Sao Paulo | Reuters — JBS SA, the world’s largest meatpacker, has delayed but not ditched its plan to list a U.S. subsidiary this year despite a series of investigations targeting the company’s owners, CEO Wesley Batista said Tuesday. A court last week ruled the CEO and his brother Joesley, fellow founder and current JBS […] Read more

Animal welfare research is becoming about the emotional state of the animal rather than its health, Dr. Ed Pajor says. (John Greig photo)

Livestock

Greig: Animal welfare research focusing more on emotional states

By GFM Network News May 15, 2017

Animal welfare research is moving beyond identifying what keeps an animal healthy, to focus more on their state of being and their happiness. For years, farmers have justified the way they manage and house animals based on objective measures of their health: disease prevalence, growth rates and feed consumption. Consumer research, however, shows that’s not […] Read more

U.S. livestock: Hogs rally ahead of USDA report

Canadian Barley Research Coalition pledges $1.8 million to USask Crop Development Centre

Pulse Weekly: More peas, lentils in Alberta

GFM Network News

U.S. livestock: Hogs rally ahead of USDA report

Canadian Barley Research Coalition pledges $1.8 million to USask Crop Development Centre

Pulse Weekly: More peas, lentils in Alberta

Poultry

Brazil federal police raid JBS on insider trade probe

JBS says Pilgrim’s Pride stake not for sale

JBS sells LatAm units to Minerva

JBS parent to pay record fine in leniency deal

JBS scandal might reduce Brazil meat supplies, industry group says

JBS shares soar as speculation mounts over crisis fallout

JBS brothers test dealmaking skills in Brazil plea deal showdown

Brazil watchdog opens new probes into JBS-related insider trading

JBS delays but does not give up on U.S. IPO plan

Greig: Animal welfare research focusing more on emotional states

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