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Tag Archives JBS

(JBSS.infoinvest.com.br)
Hogs, Livestock

JBS shuts Minnesota pork plant due to coronavirus

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Chicago | Reuters — JBS USA said on Monday it would indefinitely shut a Minnesota hog slaughterhouse that produces about five per cent of the country’s pork, in the latest disruption to the U.S. food supply chain from the coronavirus pandemic. The closure limits the amount of meat the United States can produce for consumers
Workers in the JBS beef plant at Brooks, Alta. appear in a screen shot from a 2018 corporate video. (JBS Canada video screengrab via YouTube)
Beef cattle, Livestock

Third major Alberta beef plant confirms COVID-19 cases

JBS in Brooks is the latest with infected workers, but will continue operations

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UPDATED, April 17 — Cases of COVID-19 have now been confirmed at three of Alberta’s major beef packing plants. Three cases of COVID-19 were confirmed Wednesday at the JBS beef packing plant in Brooks, said Tom Hesse, Local 401 president with United Food and Commercial Workers (UFCW) Canada. JBS Canada spokesman Cameron Bruett confirmed some
Family members of longtime JBS USA meat packing plant employee Saul Sanchez gather April 10, 2020 at his Greeley, Colorado home after his death from COVID-19. (Photo: Reuters/Jim Urquhart)
Livestock

‘Elbow to elbow:’ North America’s meat plant workers fall ill, walk off jobs

Supply chains struggling to keep pace with surging demand

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Chicago/Winnipeg | Reuters — At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 U.S. cents a day to buy masks to protect themselves from the COVID-19 coronavirus, according to a meat inspector. In Colorado, nearly a third of the workers at a JBS USA beef plant stayed
(iStock/Getty Images)
Livestock, Markets

U.S. livestock: June hogs, cattle plunge limit down

COVID-19 shuts more U.S. meat processors

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Chicago | Reuters — U.S. livestock futures tumbled on Monday on worries about declining U.S. meat processing capacity after Smithfield Foods announced Sunday it would indefinitely shut one of its pork plants due to novel coronavirus infections among workers. The closure at Sioux Falls, S.D., affecting four to five per cent of U.S. pork production,
(JBSs.infoinvest.com.br)
Livestock, Markets

JBS sees steady trade flows but flags export woes

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Sao Paulo | Reuters — Brazil’s JBS, the world’s largest meatpacker, has said the COVID-19 coronavirus epidemic could cause container shortages, port disruptions and other logistics issues, but said trade flows should stay strong thanks to Chinese demand. In a conference call to discuss earnings results on Thursday, JBS executives said its export operations had
(Photo courtesy A&W Canada)
Beef cattle, Livestock

A+W starts move to all-grass-fed, all-Canadian beef

Suppliers lined up to begin transition this spring

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Canadian burger chain A+W’s next move to distinguish its menu in a crowded quick-service market will be a connection to the regenerative ag movement, as it sets itself up with an all-Canadian and all-grass-fed beef supply. The Vancouver-based chain, which includes almost 1,000 restaurants across Canada, announced Monday it’s “making a commitment to exclusively source
(JBSS.infoinvest.com.br)
Livestock

JBS plans U.S. listing as Brazil state bank sells stake

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Sao Paulo | Reuters — Brazilian meatpacker JBS SA and state development bank BNDES are planning a simultaneous listing of JBS international operations in the United States and the sale of the bank’s stake in the company, five sources with knowledge of the matter said. Sources close to the company say JBS is working on
(LedbetterFoods.com)
Livestock

JBS to buy U.S. meat processor Empire Packing

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The U.S. arm of Brazilian meat packing giant JBS plans to expand its footprint in case-ready further processing with a deal for Memphis-based Empire Packing. Empire operates meat and poultry processing plants in its home town of Memphis as well as in Cincinatti, Denver, Olympia, Wash. and Mason, Ohio. It also makes the Ledbetter line
Brazilian meat packers have said higher corn prices in that country will be passed on to chicken consumers.
Markets, News

Brazil antitrust regulator opens probe

Move comes after executives of meat packers JBS and BRF said corn prices would be passed on


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Reuters – Brazilian antitrust regulator Cade on Jan. 30 opened an investigation into meat packers JBS SA and BRF SA, according to a decision signed by the agency’s superintendent. The decision said the probe was launched based on an article in Brazilian newspaper Valor Economico that described executives of the two companies saying at an
(JBSS.infoinvest.com.br)
Livestock, Markets

How JBS became collateral damage in a war between billionaires

JBS now plans to tweak U.S. IPO, executive says

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Sao Paulo | Reuters — A business dispute between the disgraced billionaire Batista brothers in Brazil and the heir to an Indonesian pulp and paper fortune is throwing a wrench in meatpacker JBS SA’s plans to for a U.S. listing of its international operations, such as its Canadian beef plant. The dispute stems from a

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