JBS, the world’s largest meat company, reported a net profit fall in the third quarter in spite of a rise in global net sales amid a still-challenging beef market environment in the U.S., according to an earnings statement on Thursday.
JBS profit falls amid still-challenging US market environment
Brazil to reap record soy crop in 2025/2026, increase exports
Brazil’s Conab said the country will reap a record soybean crop of 177.6 million tons in the 2025/2026 harvest year, according to data released on Thursday.
JBS sees US cattle cycle improving from late 2027
JBS turns Q2 profit despite challenging operating environment
U.S.-based beef-packers will continue to reel from low cattle availability for about three or four quarters, with gradual improvements of the U.S. cattle herd happening gradually from late 2027, meatpacking giant JBS said on Thursday.
Meatpackers rethink beef exports to US after Trump tariffs, industry lobby says
Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50 per cent tariff on Brazil last week, Roberto Perosa, president of Brazilian beef lobby ABIEC, said.
Brazil poised to declare itself bird flu ‘free,’ state official says
Brazil is ready to declare the country free of the bird flu virus on commercial flocks, Edivilson Brum, the head of Rio Grande do Sul state’s agriculture department, said on Wednesday in a statement.
Brazil hopes to be officially free of bird flu in 28 days
Brazil began a 28-day bird flu observation period on Thursday which it hopes will show the country's chicken farms are free of the disease after local authorities said a farm where its first outbreak was detected had been fully disinfected.
Brazil chicken exporters brace for cargo rejections amid bird flu outbreak
Countries, including China, will not accept chicken consignments in transit from Brazil following confirmation of the country's first bird flu outbreak, Brazilian meat lobby ABPA, which represents large food processors, said on Tuesday.
Bird flu in top chicken exporter Brazil triggers trade bans
Brazil, the world’s largest chicken exporter, confirmed its first outbreak of bird flu on a poultry farm on Friday, triggering a country-wide trade ban from China and state-wide restrictions for other major consumers.
China absorbs massive Brazilian soy shipments in first quarter
Brazilian soybean traders are poised to ship record volumes in the first quarter, driven by strong demand from the world's largest importer, China, which is currently involved in a trade war with the U.S.
ADM cuts jobs in grain trading division, sources say
U.S. grains merchant Archer-Daniels-Midland is making a fresh wave of job cuts this week at its largest unit, the grain trading and oilseed processing division, according to three sources briefed on the matter.