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Tag Archives jbs


Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
News

JBS supplies tallow, lard for sustainable aviation fuel

By Reuters July 22, 2024
Brazilian meatpacker JBS is supplying tallow and lard from its international operations for production of renewable aviation fuels, and it is studying a similar initiative in Brazil through the Friboi brand, the company said on Monday.

JBS signage at Greeley, Colorado. (JBS.com.br)
Markets, News

JBS says China blocks beef from US plant over detection of ractopamine

By P.J. Huffstutter, Reuters, Tom Polansek May 29, 2024
Processor JBS said on Wednesday that Beijing blocked U.S. beef shipments from the company's plant in Greeley, Colorado, because traces of the feed additive ractopamine were identified in beef destined for China.

(TysonFoods.com)
Livestock, News

Unclear when tight US cattle supplies will expand, Tyson CEO says

By Reuters, Tom Polansek May 15, 2024
Tyson Foods cannot predict exactly when U.S. ranchers will start rebuilding the cattle herd in a meaningful way, CEO Donnie King said on Wednesday, as tight supplies squeeze the meatpacker's beef business.

JBS signage at Greeley, Colorado. (JBS.com.br)
Markets

JBS says US beef division facing challenges, Seara unit improving

Low cattle supply behind weakness in US division; headwinds expected to continue

By Ana Mano, Reuters March 27, 2024
Brazilian meat-packer JBS expects margins of its Seara processed foods maker in Brazil to reach double digits in the first weeks of 2024, citing operational improvements designed to shore up the unit, executives said today.

JBS signage at Greeley, Colorado. (JBS.com.br)
Livestock

New York sues meatpacking giant JBS over climate claims

Attorney general calls company's emissions goals 'infeasible'

By Jonathan Stempel, Reuters February 28, 2024
JBS, the world's largest beef producer, was sued on Wednesday by New York state's attorney general, which accused it of misleading the public about its impact on the environment in order to boost sales.


JBS signage at Greeley, Colorado. (JBS.com.br)
Livestock, Markets

Third-quarter profit plunges for JBS

Low U.S. pork prices, beef margins and global chicken glut cited

By Ana Mano November 13, 2023
Sao Paulo | Reuters — JBS SA, the world’s biggest meatpacker, reported an 86 per cent drop in third-quarter net income compared to a year ago on Monday, sliding to […] Read more

JBS signage at Greeley, Colorado. (JBS.com.br)
Livestock, Markets

JBS posts quarterly loss on tight U.S. beef margins

'Greater balance' forecasted for global chicken supply

By Reuters August 15, 2023
Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for […] Read more

JBS signage at Greeley, Colorado. (JBS.com.br)
Livestock, Markets

Brazil’s JBS reboots plan to list shares in New York

International meat packer hopes for access to lower-cost capital

By Ana Mano, Roberto Samora July 12, 2023
Sao Paulo | Reuters — JBS SA, the world’s largest meat packer, on Wednesday proposed listing its shares in New York, hoping the move will bring its multiples closer to […] Read more


Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
Livestock, Machinery

JBS opens cleaning unit after outside firm fined for hiring kids

Company says has cut ties to cleaning contractor

By Reuters May 4, 2023
Chicago | Reuters — JBS USA, one of the biggest U.S. meatpackers, is creating an internal company to clean some of its processing plants after a private sanitation firm it […] Read more

Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
Livestock, Markets

JBS to pay US$25 million in latest beef price-fixing settlement

Settlement calls for co-operation in cases against other defendants

By Mike Scarcella April 18, 2023
Reuters — JBS SA has agreed to pay US$25 million to commercial beef purchasers that accused the meat-packing company of conspiring with industry rivals to restrict market supply in order […] Read more

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