GFM Network News


JBS predicts profits will be stronger this year

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

Russian farming firm to test investor appetite

Moscow | Reuters — Russian farming conglomerate Rusagro launched a secondary share offering on Thursday which will test foreign appetite for Russian assets. Share sales by Russian companies have been rare since Western sanctions imposed in 2014 over Ukraine cut access to foreign capital markets and after a sharp drop in global oil prices, the […] Read more