GFM Network News


(JBSFoodCanada.ca)

JBS profit bolstered by weak currency, strong Chinese and U.S. markets

China became third largest beef export market for JBS Canada, company says

Sao Paulo | Reuters — Meat processor JBS SA’s fourth-quarter profit rose 65 per cent from a year earlier, boosted by strong food sales in China and the U.S. and a sharp devaluation of Brazil’s real currency, the company said in a securities filing on Wednesday. For full-year 2020 its profit was 4.6 billion reais, […] Read more

(Dave Bedard photo)

COVID-19 lands at another Cargill meat plant

Five cases linked to case-ready plant in Calgary

Alberta provincial officials have declared a COVID-19 outbreak at Cargill’s meat further-processing plant in Calgary, with five cases of the coronavirus connected to the facility. Provincial chief medical officer Dr. Deena Hinshaw tweeted Friday that “there are five cases linked to Cargill Case Ready Meats in #YYC.” Provincial health officials “have visited the plant and […] Read more


(LedbetterFoods.com)

JBS to buy U.S. meat processor Empire Packing

The U.S. arm of Brazilian meat packing giant JBS plans to expand its footprint in case-ready further processing with a deal for Memphis-based Empire Packing. Empire operates meat and poultry processing plants in its home town of Memphis as well as in Cincinatti, Denver, Olympia, Wash. and Mason, Ohio. It also makes the Ledbetter line […] Read more