JBS Archives - Page 16 of 19

Brazil ag ministry, police say meat problems not widespread

By GFM Network News March 21, 2017

Lapa, Brazil | Reuters — Brazil’s federal police and agriculture ministry said late Tuesday that sanitary and corruption problems found in the nation’s meatpacking industry were isolated incidents, an attempt to tamp down a scandal that has led the Latin American nation’s biggest export markets to ban its meats. Since police launched raids on processing […] Read more

Livestock, Reuters

Brazilian meatpackers slump on import curbs

By GFM Network News March 20, 2017

Sao Paulo/Beijing | Reuters — Fallout from a meatpacking industry scandal in Brazil, the world’s biggest exporter of beef and poultry, widened on Monday as China, the EU, South Korea and Chile curtailed meat imports from the country after inspectors were accused of taking bribes to allow sales of tainted food. With other import curbs […] Read more

Livestock, Reuters

Brazil police raid BRF, JBS meat plants in bribery probe

By GFM Network News March 17, 2017

Sao Paulo/Curitiba, Brazil | Reuters — Brazilian police raided the premises of global meatpacking companies JBS SA and BRF SA on Friday, as well as dozens of smaller rivals, in a crackdown on alleged bribery of health officials that could threaten US$12 billion in annual exports. The probe, known as “Operation Weak Flesh,” found evidence […] Read more

Livestock, Reuters

JBS sees margins up in 2017 as feed, cattle costs fall

By GFM Network News March 14, 2017

Sao Paulo | Reuters — Brazilian meatpacking giant JBS SA expects profit margins to improve over the course of this year, CEO Wesley Batista said on Tuesday, as lower cattle and feed costs and healthier markets ease the pressures that hurt 2016 results. JBS shares rose two per cent in Sao Paulo despite lower-than-expected earnings […] Read more

Hogs, Livestock

JBS to buy U.S. pork processor Plumrose

By Grainews Staff, GFM Network News March 13, 2017

U.S. ham and bacon processor Plumrose is set to become an arm of major Brazilian meatpacker JBS. JBS, whose holdings include one of Canada’s biggest beef packing plants at Brooks, Alta., announced Monday it has an agreement in place to buy Plumrose from Danish co-operative Danish Crown for US$230 million. The deal would give JBS […] Read more

Beef Cattle, Livestock, Reuters

JBS shares slump as prosecutors target controlling holder

By Reuters, GFM Network News February 7, 2017

Sao Paulo | Reuters –– Shares in JBS SA, the world’s biggest beef exporter, tumbled on Tuesday after prosecutors demanded that Joesley Batista step aside as head of JBS controlling shareholder J+F Investimentos SA. Common shares fell as much as 6.2 per cent to 11.29 reais (C$4.76) in early trading before paring losses to 11.85 […] Read more

Beef Cattle, Livestock, Reuters

JBS plans U.S. IPO for international unit

By GFM Network News December 6, 2016

Sao Paulo | Reuters –– Brazilian food maker JBS SA, the world’s largest beef processor, plans to launch shares of its subsidiary JBS Foods International B.V. in the U.S. in the first half of 2017 as a part of a larger reorganization, the company said on Monday. Under the plan, the unit currently based in […] Read more

Manitoba in the past decade has imposed restrictions on intensive hog production in a bid to reduce the nutrient load on the Red River heading north toward Lake Winnipeg. (Dave Bedard photo)

Livestock, Reuters

Investors press meat producers to cut water pollution

By GFM Network News November 21, 2016

Reuters — Forty-five large investors collectively managing C$1.6 trillion in assets are pressing some of the nation’s largest meat producers to set policies for reducing water pollution in their feeding, slaughtering and processing operations. The investors, who are members of sustainability non-profit advocate Ceres and the Interfaith Center on Corporate Responsibility (ICCR), sent letters to […] Read more

Livestock, Reuters

JBS scraps reorganization after Brazil veto

By GFM Network News October 26, 2016

Sao Paulo | Reuters — JBS SA has scrapped a program to move some operations outside Brazil after a government agency vetoed the move, sending shares of the world’s biggest beef exporter tumbling and dealing a blow to a plan to become a global food processing powerhouse. In a Wednesday securities filing, Sao Paulo-based JBS […] Read more

Finishers, Livestock, Markets, Reuters

Major Alberta cattle feeder set to shut feedlots

By Rod Nickel, GFM Network News September 21, 2016

Reuters — One of Canada’s biggest cattle feeding operations, Western Feedlots, said Wednesday it will close feeding operations after marketing the cattle it currently owns, due to poor market conditions. Closure of Western’s feeding operations, likely early in 2017 once its current cattle are sold, will make it more difficult for ranchers to find markets […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

Tag Archives JBS

Brazil ag ministry, police say meat problems not widespread

Brazilian meatpackers slump on import curbs

Brazil police raid BRF, JBS meat plants in bribery probe

JBS sees margins up in 2017 as feed, cattle costs fall

JBS to buy U.S. pork processor Plumrose

JBS shares slump as prosecutors target controlling holder

JBS plans U.S. IPO for international unit

Investors press meat producers to cut water pollution

JBS scraps reorganization after Brazil veto

Major Alberta cattle feeder set to shut feedlots

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