Articles by Ana Mano | Alberta Farmer Express

JBS gears up for U.S. and Brazil expansions

Brazilian meat giant reiterates plans following strong Q3 results

Sao Paulo | Reuters — Food processor JBS SA reiterated plans to grow production capacity in Brazil and in the United States after posting strong third quarter results, executives said in a conference call to discuss earnings on Thursday. CEO Gilberto Tomazoni said 12 of the company’s plants in Brazil were being expanded, as JBS […] Read more

Beef Cattle, Livestock, Markets, Reuters

JBS to seek damages from founders

Brazil shareholder vote a win for Brazil's BNDES

By Ana Mano, GFM Network News October 30, 2020

Sao Paulo | Reuters — Shareholders in JBS SA on Friday cleared the way for the Brazilian food processor to sue its own controlling stakeholders and certain former managers, a rare victory for shareholder activism in Latin America’s largest economy. The vote was a win for JBS’s top minority shareholder, national development bank BNDES, which […] Read more

Beef Cattle, Hogs, Livestock, Reuters

JBS to resume U.S. share listing plan after COVID-19 fallout

Management looking also for US$100 million in cost cuts

By Ana Mano, GFM Network News August 15, 2020

Sao Paulo | Reuters — Brazil’s JBS SA is reviving plans to list shares on Wall Street after dealing with the COVID-19 pandemic’s fallout, CEO Gilberto Tomazoni said on Friday, as the world’s largest meatpacker reported strong quarterly results. Speaking on a conference call with analysts following the company’s second-quarter results, Tomazoni said the focus […] Read more

Reuters

JBS invests $19-million in safety measures amid COVID-19 pandemic

By Ana Mano, GFM Network News July 30, 2020

Sao Paulo | Reuters –Brazilian food processor JBS SA has invested more than 100 million reais ($19.3 million) in health, safety and contingency measures at all its Brazilian production units, according to a Wednesday company statement that comes as the novel coronavirus continues to ravage local meat plants. The company said the funds were invested […] Read more

Livestock, Markets, Reuters

JBS sees steady trade flows but flags export woes

By Ana Mano, GFM Network News March 26, 2020

Sao Paulo | Reuters — Brazil’s JBS, the world’s largest meatpacker, has said the COVID-19 coronavirus epidemic could cause container shortages, port disruptions and other logistics issues, but said trade flows should stay strong thanks to Chinese demand. In a conference call to discuss earnings results on Thursday, JBS executives said its export operations had […] Read more

Crops, Reuters

Dreyfus to cut costs amid trade jitters, swine fever

By Ana Mano November 27, 2019

Sao Paulo | Reuters — Agricultural commodities giant Louis Dreyfus Co. (LDC) has launched a cost-cutting and reorganization drive in the face of difficulties confronting global trading houses, according to an internal memo seen by Reuters on Wednesday. LDC confirmed the memo’s authenticity in a statement, saying the company aimed to optimize its cost base […] Read more

Hogs, Livestock, Reuters

Brazil gets approval for 13 meatpacking plants for China exports

By Ana Mano November 12, 2019

Sao Paulo | Brazil | Reuters – Chinese authorities approved new Brazilian meat exporting plants on Tuesday, according to the Brazilian agriculture ministry, a highly anticipated move as the two nations continue to strengthen trade ties. The approvals come as China seeks to increase meat imports to compensate for the death of around half of […] Read more

Beef Cattle, Livestock, Reuters

Brazil’s JBS says it uses satellites to monitor cattle suppliers

By Ana Mano August 29, 2019

Sao Paulo | Reuters — The world’s largest meatpacker JBS SA is closely monitoring the origin of the cattle it buys in Brazil amid heightened concerns about environmental preservation and sustainable business practices, its CEO said Wednesday. Speaking at an industry event in Sao Paulo, JBS CEO Gilberto Tomazoni said the company is using satellite […] Read more

Beef Cattle, Livestock, Markets, Reuters

Brazil halts beef exports to China after atypical BSE case

By Ana Mano June 3, 2019

Sao Paulo | Reuters — Brazil has temporarily halted beef exports to China following an atypical case of BSE in leading farm state Mato Grosso, the agriculture ministry said on Monday. China, Brazil’s largest beef importer by sales, spent US$1.5 billion on Brazilian beef last year, totaling 322,400 tonnes or almost 20 per cent of […] Read more

Livestock, Markets, Reuters

JBS predicts profits will be stronger this year

By Ana Mano March 29, 2019

Sao Paulo | Reuters — JBS SA executives said Friday the Brazilian meat company will deliver higher earnings in 2019 on strong demand for beef in the U.S. and Australia as well as growing Chinese demand for various proteins. Still, first-quarter results will reflect lower cattle availability in the U.S. due to rains and a […] Read more

U.S. grains: South American supply issues wane

U.S. livestock: Live cattle climb ahead of USDA report

Feed weekly outlook: Offshore demand still lifting Prairie barley

GFM Network News

U.S. grains: South American supply issues wane

U.S. livestock: Live cattle climb ahead of USDA report

Feed weekly outlook: Offshore demand still lifting Prairie barley

Author Archives Ana Mano

JBS gears up for U.S. and Brazil expansions

JBS to seek damages from founders

JBS invests $19-million in safety measures amid COVID-19 pandemic

JBS sees steady trade flows but flags export woes

Dreyfus to cut costs amid trade jitters, swine fever

Brazil gets approval for 13 meatpacking plants for China exports

Brazil’s JBS says it uses satellites to monitor cattle suppliers

Brazil halts beef exports to China after atypical BSE case

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