JBS Archives - Page 19 of 22 - Manitoba Co-operator

U.S. opens up to Brazil fresh beef imports

By GFM Network News, Reuters August 1, 2016

Brasilia | Reuters –– The U.S. and Brazilian governments exchanged food safety equivalence documents on Monday that will open up their respective markets to fresh beef exports, a window expected to boost Brazil’s exports to the U.S. by US$900 million. The U.S. Department of Agriculture said its Food Safety and Inspection Service had determined that

Earls president Mo Jessa (r) and Stan Carscallen of White Moose Ranch meet at Priddis, Alta. (Earls.ca)

Beef cattle, Livestock

Earls locks in Canadian beef supplies

By GFM Network News, Manitoba Co-operator Staff June 22, 2016

Vancouver-based dining chain Earls has enlisted a handful of Canadian ranchers and processors to supply beef to about half its stores while matching its criteria for animal care and “ethical farming practices.” The move comes about six weeks after Earls retreated from a plan to source its beef from Creekstone Farms, choosing the Kansas company

Livestock, Markets

JBS posts large loss, announces reorganization

By GFM Network News, Reuters May 12, 2016

Brasilia | Reuters –– Brazilian meat packer JBS posted a much larger-than-expected first-quarter loss on Thursday, but its shares jumped the day after it announced a corporate reorganization to bring together international operations. JBS, the world’s biggest meat packer, lost 2.741 billion reais (C$1.02 billion) on currency hedging costs and poor results on the company’s

Beef cattle, Livestock, Markets

Online cattle auction aims to shake up U.S. market

By GFM Network News, Tom Polansek January 29, 2016

San Diego | Reuters — A proposal for an online auction that could shake up the U.S. pricing model for cattle is set to make its public debut on Friday after a test run last week, with the support of a unit of the world’s largest meatpacker. Producers have worried for years that the country’s

Livestock

Brazil prosecutors charge JBS board chairman

By GFM Network News, Reuters January 27, 2016

Sao Paulo | Reuters –– Prosecutors charged Joesley Batista, chairman of Brazilian meatpacker JBS’s board and president of its controlling shareholder J+F Investimentos, and eight others with crimes against the financial system, sending shares of JBS SA down more than eight per cent on Tuesday. The statement from prosecutors said J+F Investimentos and another subsidiary

Beef cattle, Hogs, Livestock, Markets

Packers approved to move beef, pork to Ukraine

By GFM Network News, Manitoba Co-operator Staff January 11, 2016

Inspectors have approved 15 Canadian beef and pork processing plants to export to Ukraine, more than doubling the number of Canadian meat plants able to ship to the country. Federal Agriculture Minister Lawrence MacAulay and Trade Minister Chrystia Freeland on Monday announced Ukraine has, essentially, approved beef and pork exports from any Canadian federally-registered establishment

Brazil court probing state-backed loans to JBS

By Caroline Stauffer, GFM Network News 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

Hogs

Brazil’s JBS concludes acquisition of Cargill pork unit

By GFM Network News, Reuters October 30, 2015

Sao Paulo / Reuters – Brazilian meatpacker JBS SA said on Friday it had concluded its $1.45 billion acquisition of Cargill Inc’s U.S. pork assets without any restrictions from regulators, a deal that makes it one of the largest meat companies in the United States. UPDATE: Cargill Illinois hog processing plant offline until Monday Chicago /

Beef cattle, Livestock, Markets

Brazil’s JBS considering slew of acquisitions

By GFM Network News, Reuters October 27, 2015

Sao Paulo | Reuters –– JBS SA, the world’s largest meat packer, is ready to take on a slew of acquisitions next year, chairman Joesley Batista said Tuesday. The Brazilian company controls assets in the U.S., Canada, Australia and other countries. Batista, speaking on the sidelines of a telecommunications industry event in São Paulo, declined

Livestock, Markets

JBS to expand in processed foods, eyes Europe

By GFM Network News, Reuters September 20, 2015

Sao Paulo | Reuters –– Brazil’s JBS, the world’s largest beef exporter, is looking to enlarge its processed foods operations and expand in Europe, CEO Wesley Batista said in an interview with Valor Economico published Friday. The company, which in recent months has made billion-dollar acquisitions in the U.K. and U.S., is also looking to

Daily Network News

U.S. livestock: Cattle, hog futures rise on first WASDE since September

U.S. export sales include only small soybean business to China

U.S. corn and soybean yields revised down by USDA

Tag Archives JBS