JBS USA Archives | Alberta Farmer Express

JBS Australian, North American servers hacked

By Reuters, GFM Network News June 1, 2021

Melbourne | Reuters –– Australian and North American units of the world’s largest meat works were hit over the weekend by an organized cyber attack on its information systems, Brazil’s JBS said in a statement. The attack caused its Australian operations to shut down on Monday. The company said it was working to resolve the […] Read more

Hogs, Livestock, Reuters

JBS USA to produce pork without ractopamine

By Tom Polansek October 4, 2019

Chicago | Reuters — JBS USA will remove a growth drug banned by Beijing from its U.S. hog supply, the company said on Friday, accelerating the competition for pork exports as China grapples with a devastating pig disease. The meat packer’s move away from the drug ractopamine, a feed additive, shows how companies are maneuvering […] Read more

Beef Cattle, Livestock, Reuters

U.S. investigators question shareholders of Brazil’s JBS

By Reuters December 7, 2018

Brasilia | Reuters –– U.S. investigators this week visited Brazil to question shareholders of J+F Investimentos, the holding company that controls meatpacker JBS SA, as part of an existing plea deal, Brazilian prosecutors said on Friday in a statement. U.S. authorities have been investigating the companies controlled by J+F since their largest shareholders — brothers […] Read more

Livestock, Reuters

JBS still keen on U.S. IPO despite scandals

By Ana Mano, Paula Laier March 29, 2018

Sao Paulo | Reuters — JBS SA, the world’s largest meatpacking firm, remains intent on a stock market listing of subsidiary JBS Foods International in the U.S. despite corruption and food safety scandals, executives said on Thursday. In April all of JBS operations will meet U.S. auditing and compliance requirements under the Sarbanes-Oxley Act, JBS […] Read more

Livestock, Poultry/Eggs, Reuters

JBS says Pilgrim’s Pride stake not for sale

By Tom Polansek June 7, 2017

Chicago | Reuters — Brazilian meat packer JBS SA’s core U.S. assets, including its majority stake in Pilgrim’s Pride Corp., are not for sale, the company said on Wednesday, a day after announcing a deal to sell Argentine operations. U.S. chicken company Pilgrim’s Pride is critical to JBS’ long-term strategy of pursuing business opportunities that […] Read more

Livestock, Reuters

JBS scraps reorganization after Brazil veto

By Guillermo Parra-Bernal, Reese Ewing 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

Livestock, Reuters

JBS bondholders consent to global reorganization

By Paul Kilby August 17, 2016

New York | IFR — A sufficient number of JBS bondholders have agreed to amend indentures allowing for a global reorganization of the meatpacker, the company said Wednesday. Under the plan, the company’s global operations and Brazil-based food processor Seara Alimentos will regroup under a new Ireland-based company, JBS Foods International. JBS USA and JBS […] Read more

Beef Cattle, Hogs, Livestock, Reuters

JBS quarterly profits beat expectations

By Reuters 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

Hogs, Livestock, Markets, Reuters

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

By Reuters 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

Hemp industry looking forward despite hurdles

U.S. livestock: Cattle futures gain

U.S. grains: Corn, soybeans lower on the week

GFM Network News

Hemp industry looking forward despite hurdles

U.S. livestock: Cattle futures gain

U.S. grains: Corn, soybeans lower on the week

Tag Archives JBS USA

JBS Australian, North American servers hacked

JBS USA to produce pork without ractopamine

U.S. investigators question shareholders of Brazil’s JBS

JBS still keen on U.S. IPO despite scandals

JBS says Pilgrim’s Pride stake not for sale

JBS scraps reorganization after Brazil veto

JBS bondholders consent to global reorganization

JBS quarterly profits beat expectations

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

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