Sao Paulo | Reuters — Brazilian meatpacker JBS, which operates multiple food processing facilities in the U.S. and one of Canada’s largest beef packing plants, said its North American operations […] Read more
Tag Archives jbs

JBS says U.S. domestic and international businesses to remain strong

JBS to help fund home purchases for Brooks staff
Company offering zero-interest loans for down payments
One of the biggest beef packers operating in Canada is pledging $1.7 million for a one-year pilot program to help employees buy or upgrade homes. JBS Foods Canada, which operates […] Read more

JBS reaches ‘icebreaker’ settlement of beef price-fixing claims
Reuters — JBS has agreed to pay US$52.5 million to settle litigation accusing meatpacking companies of conspiring to limit supply in the $63 billion-a-year U.S. beef market in order to […] Read more

Biden unveils plan to boost competition in U.S. meat industry
Reuters — The United States will issue new rules and US$1 billion in funding this year to support independent meat processors and ranchers as part of a plan to address […] Read more

JBS aims to cut global methane emissions from cows using new feed additive
JBS SA, the world’s largest meatpacker, has announced a partnership with health and nutrition company Royal DSM with the goal of reducing methane emissions on its global supply chains. JBS […] Read more

Spy agency sees ransomware attacks soaring
Aggressive hacking expected to increase
Ottawa | Reuters — Global ransomware attacks increased by 151 per cent in the first half of 2021 compared with 2020 and hackers are set to become increasingly aggressive, Canada’s […] Read more

U.S. livestock: CME hog futures up on slaughter speed plan
December live cattle touch two-month high, end lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Wednesday after the U.S. Department of Agriculture (USDA) said it will allow nine pork processing plants to apply […] Read more

Brazil’s JBS bought 301,000 cattle from ‘irregular’ farms in Amazon, audit finds
Prosecutors 'negotiating improvements' with companies
Sao Paulo | Reuters — Nearly a third of the cattle bought by JBS SA in the Brazilian Amazon state of Para came from ranches with “irregularities” such as illegal […] Read more

U.S. livestock: CME hogs hit six-month lows
Chicago cattle futures rebound
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest prices in more than six months on Tuesday, while cattle futures recovered a day after hitting […] Read more

U.S. livestock: CME cattle drop as fire closes JBS plant
Lean hogs extend slump
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell to their lowest prices since June on Monday on concerns that U.S. ranchers could temporarily lose a place to deliver […] Read more