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Tag Archives pilgrim’s pride

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

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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 employed was accused of hiring children for dangerous work. The launch shows the complexities involved in replacing Packers Sanitation Services Inc. (PSSI), a firm that […] Read more
A refrigerator is stuck in a tree at Dawson Springs, Kentucky, about 140 km west of Bowling Green, on Dec. 13, 2021. (Photo: Reuters/Jon Cherry)

U.S. tornadoes destroy chickens, tractors, silos

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Chicago | Reuters — A Deere dealership and a Pilgrim’s Pride chicken hatchery were destroyed when deadly tornadoes swept through Kentucky on Friday, while silos holding millions of bushels of corn suffered damage, the companies and the state’s agriculture commissioner said on Monday. At least 64 people, including six children, lost their lives in Kentucky […] Read more
(Sansubba/iStock/Getty Images)
Livestock, Markets

U.S. indicts six more chicken-industry execs over alleged price fixing

Case alleges executives conspired to inflate prices for broilers

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Chicago | Reuters — The U.S. government has indicted six more chicken-industry executives over alleged price-fixing, broadening antitrust prosecutions in its probe of the US$65 billion poultry sector. In June, the Justice Department indicted Pilgrim’s Pride CEO Jayson Penn and three others in its first charges in the criminal probe involving broiler birds, which account […] Read more
(Pabradyphoto/iStock/Getty Images)
Livestock, Markets

U.S. indicts Pilgrim’s Pride CEO for alleged chicken price-fixing

Allegations cover period from 2012 to 2017

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Washington/Chicago | Reuters — The CEO of Pilgrim’s Pride Corp., a major U.S. poultry company, was indicted along with three other current and former industry executives on charges of seeking to fix the price of chickens, the U.S. Department of Justice said Wednesday. A grand jury in Denver indicted Jayson Penn, the president and CEO […] Read more
(JBSS.infoinvest.com.br)
Livestock

U.S. investigators question shareholders of Brazil’s JBS

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Brasilia | Reuters –– U.S. investigators this week visited Brazil to question shareholders of J+F Investimentos, the holding company that controls meatpacker JBS SA, as part of an existing plea deal, Brazilian prosecutors said on Friday in a statement. U.S. authorities have been investigating the companies controlled by J+F since their largest shareholders — brothers […] Read more
(JBSs.infoinvest.com.br)
Livestock

JBS beats estimates, refinances bank debt

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Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meatpacking company, beat analysts’ estimates for the first quarter and closed a deal to refinance the bulk of its bank debt on Monday. JBS’ net income for the first quarter, 506 million reais (C$179.45 million), was 48 per cent above analysts’ estimates, with higher […] Read more
Photo: iStock

Cargill considering bid for JBS’ Pilgrim’s Pride

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Sao Paulo / Reuters – Global commodities trader Cargill Inc is considering bidding for Pilgrim’s Pride Corp, a U.S.-based chicken processor controlled by scandal-ridden Brazilian group JBS SA, newspaper O Estado de S. Paulo reported on Wednesday. A JBS representative said Pilgrim’s Pride is not for sale. An emailed request for comments from Cargill went […] Read more

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