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Daily Network News

  • Statements from the U.S. and Iran left uncertainty over how quickly shipping could resume. Photo: Getty Images Plus

    Iran says Strait of Hormuz open as Trump sees deal ‘soon’ to end war

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Tag Archives JBS USA

(JBSsa.com)
Beef Cattle, Hogs, Livestock, Reuters

JBS quarterly profits beat expectations

By Reuters, GFM Network News August 11, 2016
Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meat processor, posted better than expected second-quarter profits on Wednesday, helped by a sharp increase in revenues from its pork business in the U.S., said the company. São Paulo-based JBS earned 1.657 billion reais (C$650 million) in net income last quarter, compared with 252 […] Read more

(Dave Bedard photo)
Hogs, Livestock, Markets, Reuters

JBS to buy Cargill’s U.S. pork assets for US$1.45B

By Reuters, GFM Network News July 1, 2015
Reuters — JBS SA, the world’s largest meat packer, is buying Cargill’s U.S. pork business for US$1.45 billion, free of debt, it said in a statement on Wednesday, a deal that would make it one of the largest and most powerful meat companies in the U.S. The bid by the company’s JBS USA subsidiary comes […] Read more


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