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
Tag Archives jbs

U.S. livestock: CME cattle drop as fire closes JBS plant
Lean hogs extend slump

JBS plans to reopen Nebraska beef plant damaged in fire
'Primary production areas' not hit
Chicago | Reuters — JBS USA on Monday halted production at a Nebraska beef plant that slaughters about five per cent of U.S. cattle due to a fire, but said […] Read more
Brazil’s JBS imports 30 shiploads of corn from Argentina
Reuters – The world’s largest meatpacker JBS SA has imported 30 ship loads of corn into Brazil from Argentina after a drought and an ill-timed frost caused crop failure in its home […] Read more

U.S. ag secretary backs proposed meatpacking investigator
Reuters — U.S. Agriculture Secretary Tom Vilsack on Tuesday threw his support behind a proposal to establish a special investigator to address concerns about anti-competitive practices in the meat and […] Read more

JBS says it paid US$11 million in bitcoin for ransom
Cyberattack disrupted plants in North America, Australia
Reuters — Meatpacker JBS USA paid a ransom equivalent to US$11 million (C$13.3 million) following a cyberattack that disrupted its North American and Australian operations, the company’s CEO said in […] Read more

U.S. livestock: CME feeder cattle slide on higher feed costs
Cattle slaughter down on short week, JBS hack
Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures slipped on Friday, weighing on live cattle as rising corn futures pushed feed prices higher. “I think the downturn […] Read more

JBS says all facilities operating after weekend cyberattack
Attackers 'never able to access our core systems'
Chicago | Reuters — All of meatpacker JBS SA’s global facilities are fully operational after a weekend cyberattack disrupted much of its North American and Australian operations, the company said […] Read more

U.S. livestock: CME feeder cattle gain on lower corn
December live cattle, July hogs up
Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures gained on Thursday, lifted by lower corn futures and firmer back-month live cattle. “From the feeder buyer’s perspective, you […] Read more

JBS plants reopen as White House blames Russia over hack
Washington/Chicago | Reuters — JBS SA employees started returning to U.S. meat plants on Wednesday, a day after the company’s beef operations stopped following a ransomware attack, disrupting meat production […] Read more

U.S. livestock: CME cattle futures rise as JBS reopens plants
July hogs down off Tuesday's peak
Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures firmed on Wednesday, bouncing back from Tuesday’s steep decline that stemmed from a shutdown of JBS SA’s beef operations due […] Read more