pilgrim's pride Archives | Page 2 of 2

JBS says Pilgrim’s Pride stake not for sale

By Tom Polansek June 7, 2017

Chicago | Reuters — Brazilian meat packer JBS SA’s core U.S. assets, including its majority stake in Pilgrim’s Pride Corp., are not for sale, the company said on Wednesday, a day after announcing a deal to sell Argentine operations. U.S. chicken company Pilgrim’s Pride is critical to JBS’ long-term strategy of pursuing business opportunities that […] Read more

Livestock

JBS brothers test dealmaking skills in Brazil plea deal showdown

By Joel Schectman, Tatiana Bautzer May 19, 2017

Sao Paulo/Washington | Reuters — The brothers whose deft dealmaking helped build JBS SA into the world’s No. 1 meat processor are testing that talent like never before as they seek a leniency deal with prosecutors after admitting to paying millions of dollars in bribes to Brazilian politicians. JBS and its controlling shareholder J+F Investimentos, […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Livestock

Tyson reveals subpoena linked to alleged price fixing

By Sruthi Ramakrishnan, Tom Polansek February 6, 2017

Reuters — Tyson Foods disclosed on Monday it has received a subpoena from the U.S. Securities and Exchange Commission following allegations it conspired with rivals for years to fix chicken prices. The chicken sector, which is dominated by a handful of large meat companies, has come under increased scrutiny over the past year as customers […] Read more

Livestock

Costco plans chicken plant in Nebraska

By Michael Hirtzer, Nathan Layne April 18, 2016

Reuters — Costco Wholesale Corp. is considering building a poultry-processing plant in Nebraska, according to a local development council, a move that would give the retailer tighter control over its chicken supplies. The facility, if built in Nebraska’s Dodge County, would create 1,100 jobs, work with local chicken farmers and invest $180 million in the […] Read more

Brazil court probing state-backed loans to JBS

By Caroline Stauffer November 27, 2015

Sao Paulo | Reuters — Brazil’s federal accounts court, the TCU, said it had identified irregularities on loans to JBS SA, the world’s largest beef producer, and is deepening an investigation into the company’s relationship with state-run lender BNDES. The TCU is probing loans used to purchase U.S.-companies Swift and Co, for about US$225 million […] Read more

Livestock

Killers sought in deaths of 300,000 chickens in South Carolina

By Harriet McLeod March 4, 2015

Charleston | Reuters –– Revenge may be the motive for the killings in South Carolina of more than 300,000 commercial chickens worth about $1.7 million over the past two weeks, authorities said Monday. Birds have been found dead of unnatural causes in 16 chicken houses at six farms that grow chickens for Pilgrim’s Pride Corp., […] Read more

Tag Archives pilgrim’s pride — page 2

JBS says Pilgrim’s Pride stake not for sale

JBS brothers test dealmaking skills in Brazil plea deal showdown

Tyson reveals subpoena linked to alleged price fixing

Costco plans chicken plant in Nebraska

Brazil court probing state-backed loans to JBS

Killers sought in deaths of 300,000 chickens in South Carolina

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