Brazil beef barons’ Wall Street listing caps a return from exile

Brazil beef barons’ Wall Street listing caps a return from exile

Meat packer JBS began trading on the New York Stock Exchange on Friday

Brazilian meatpacker JBS begins trading on the New York Stock Exchange on Friday, capping a stunning comeback by brothers Joesley and Wesley Batista less than a decade after they were jailed in a record-breaking corruption scandal and forced into the backseat of their global food empire.

Photo: JJ Gouin/iStock/Getty Images Plus

ADM sets off ‘frenzy’ in US soybean market ahead of new biofuel blend rule

U.S. officials are expected to propose biofuel blending requirements below industry recommendations

Archer-Daniels-Midland, a major U.S. soybean crusher and biofuel producer, slashed its bids to buy the oilseed this week ahead of an expected Trump administration announcement on biofuel blending requirements, a primary driver of demand for soybean oil - and a prospective source of demand for Canadian canola.




U.S. immigration raid of Omaha meat plant cuts staff, fuels food production worries

U.S. immigration raid of Omaha meat plant cuts staff, fuels food production worries

Chicago cattle futures come under pressure as traders express nervousness around labour shorages

After meat processor Glenn Valley Foods was raided by U.S. Immigration and Customs Enforcement agents, livestock traders and market analysts expressed concerns that the potential deportation of undocumented workers from such raids could disrupt U.S. food production.