JBS Archives - Manitoba Co-operator

Brazil beef barons’ Wall Street listing caps a return from exile

Meat packer JBS began trading on the New York Stock Exchange on Friday

By Lisandra Paraguassu, Reuters, Ricardo Brito June 13, 2025

Brazilian meatpacker JBS begins trading on the New York Stock Exchange on Friday, capping a stunning comeback by brothers Joesley and Wesley Batista less than a decade after they were jailed in a record-breaking corruption scandal and forced into the backseat of their global food empire.

News, Reuters

JBS minority shareholders approve dual US-Brazil listing

By Reuters May 23, 2025

Brazilian meatpacker JBS on Friday secured shareholder support to move ahead with a long-planned dual listing of shares in both the United States and Brazil, it said in a securities filing.

News, Reuters

Brazil’s JBS bullish despite challenging outlook for US beef business

By Ana Mano, Reuters March 26, 2025

JBS, the world's largest meatpacker, said cattle remain scarce and expensive in the U.S., dampening the outlook of its beef business in the country where the company derives most of its sales.

Livestock

Efficiency called key to reducing beef industry carbon footprint

Focus on improving production efficiency around the world, not eating less meat says JBS scientist

By Melissa Jeffers-bezan January 29, 2025

Efficiency is key when it comes to reducing greenhouse gas emissions in the beef sector said Sarah Klopatek at the Saskatchewan Beef Industry Conference on January 29 in Saskatoon, Sask.

Livestock, News, Reuters

Brazilian meatpacker JBS says net-zero emissions pledge was ‘never a promise’

By Reuters, Simon Jessop January 15, 2025

The world's largest meatpacker, JBS, became in 2021 the first of its peers to commit to cutting or offsetting all its emissions by 2040, and to ending illegal deforestation across its long supply chain that starts in the heart of the Brazilian Amazon.

Markets, News, Reuters

Brazil’s JBS sees strong demand for meat in US

By Reuters November 14, 2024

Brazil's JBS, the world's largest meatpacker, sees "very strong" demand for beef, pork and chicken in the U.S., said the president of JBS USA, Wesley Batista Filho on Thursday during the firm's third quarter earnings call.

News

Brazil fines meat packers $64 million for buying cattle from deforested Amazon land

By Reuters October 28, 2024

Brazil's environmental protection agency IBAMA has imposed 365 million reais (C$88.9 million) in fines on cattle ranches and meat packers, including the world's largest JBS SA, for raising or buying cattle on illegally deforested land in the Amazon.

Livestock

McDonald’s sues major beef producers in US price-fixing lawsuit

October 7, 2024

Reuters – McDonald’s has sued JBS, Tyson Foods and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing the fast food giant to pay artificially higher prices. McDonald’s said in a lawsuit filed on Friday in Brooklyn federal court that the meatpackers, also including Cargill

News

JBS posts profit as chicken and pigs make up for beef slump

By Reuters, Roberto Samora August 14, 2024

Brazil's JBS SA, the world's largest meatpacker, said on Tuesday that divisions that process chicken and pigs lifted its results, including poultry unit Pilgrim's Pride, JBS USA Pork in the U.S., and Seara in Brazil.

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.

Trump tariff on Brazilian goods could jack up U.S. burger price

U.S. livestock: Cattle mixed despite fresh supply threats

Dryness poised to threaten Saskatchewan crops

Daily Network News

Trump tariff on Brazilian goods could jack up U.S. burger price

U.S. livestock: Cattle mixed despite fresh supply threats

Dryness poised to threaten Saskatchewan crops

Tag Archives JBS

Brazil beef barons’ Wall Street listing caps a return from exile

JBS minority shareholders approve dual US-Brazil listing

Brazil’s JBS bullish despite challenging outlook for US beef business

Efficiency called key to reducing beef industry carbon footprint

Brazilian meatpacker JBS says net-zero emissions pledge was ‘never a promise’

Brazil’s JBS sees strong demand for meat in US

Brazil fines meat packers $64 million for buying cattle from deforested Amazon land

McDonald’s sues major beef producers in US price-fixing lawsuit

JBS posts profit as chicken and pigs make up for beef slump

JBS supplies tallow, lard for sustainable aviation fuel

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