JBS Archives - Page 21 of 22 - Manitoba Co-operator

Brazil regulator lifts suspension of JBS Foods’ IPO

By GFM Network News, Reuters December 2, 2014

Sao Paulo | Reuters –– Brazil securities regulator CVM on Tuesday lifted its suspension of the initial public offering for JBS SA’s processed food unit, JBS Foods, as long as the company holds off taking orders for investment until after Christmas. CVM suspended the share offering Nov. 24, after the company’s CEO breached regulations by

Hogs, Livestock

JBS to buy Australia’s Primo for $1.4B

By GFM Network News, Reuters November 21, 2014

Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest beef exporter, has agreed to buy Australian processed foods producer Primo Smallgoods for A$1.45 billion (C$1.41 billion). The company will also buy food company Grupo Big Frango in Brazil for 430 million reais (C$192 million), stepping up the pace of acquisitions that have played

Livestock, Markets

Brazil’s JBS Foods to delay IPO

By GFM Network News October 21, 2014

Sao Paulo | Reuters — JBS SA received regulatory approval to delay an initial public offering of its JBS Foods unit in Brazil, according to a securities filing on Tuesday, putting off a plan to raise four billion reais (US$1.61 billion) for a few more weeks or until next year. The Sao Paulo-based food processor

Livestock

Cargill loses bid to stop ex-manager from working for rival

By GFM Network News, Tom Polansek October 21, 2014

Reuters — A federal judge has denied Cargill’s attempt to block a former executive of its meat-packing unit from working for rival JBS to prevent the potential loss of trade secrets. U.S. Judge Raymond Moore in Denver ruled on Monday that although Jason Kuan “did once have specific knowledge of Cargill’s trade secrets, his knowledge

Beef cattle, Livestock

Ex-Cargill beef manager fights bid to keep him from rival

By GFM Network News, Tom Polansek October 16, 2014

Chicago | Reuters — Valuable trade secrets that Cargill claims were stolen by a longtime manager in its meatpacking division who quit for rival JBS SA are nothing more than basic butchery, lawyers for the employee said in court documents. Privately-held Cargill, one of the top U.S. meat producers, is asking a federal judge in

Livestock, News

Farm groups should track CCA sustainability move

By Alex Binkley January 4, 2013

The move by the Canadian Cattlemen’s Association to join an international group that promotes sustainable agriculture is being hailed as a model for other farm groups. The cattle producers’ organization recently joined the Global Roundtable for Sustainable Beef, whose members range from Cargill, JBS and McDonald’s to the World Wildlife Fund, The Nature Conservancy, and

Beef cattle, Livestock, Opinion

After beef’s biggest recall: What’s next?

By Fred Hays November 29, 2012

The reopening of the XL beef plant at Brooks is not the end of troubles for the Canadian beef industry

The past two months have seen considerable turmoil in Alberta’s beef sector because of the XL beef recall. Although there has been some relief with the JBS takeover there could still be a long way to go. Canada’s beef sector has been influenced by a number of factors: Grass. Western Canada’s cow-calf sector grew because

Livestock, Opinion

White knight charges in to save XL, but it may be the last one

By Will Verboven November 21, 2012

There seemed to be a collective sigh of relief from the western Canadian cattle and beef industry when it was announced that JBS would be taking over management of the XL Foods Lakeside beef plant in Brooks. The reality is that there was a very good possibility that the plant was not going to reopen

Beef cattle, Livestock, Livestock Markets, News

XL takeover latest in a series by global meat giant JBS

By Daniel Winters October 26, 2012

News that XL Foods, one of the two major cattle-slaughtering plants in Canada, is cashing in its chips after a devastating beef recall raises an important question. Just who is JBS, the company taking it over? Founded in 1953 by Jose Batista Sobrinho, it began as a tiny, five-head-per-day abattoir in Anapolis, Brazil. Today, according

Beef cattle, Livestock, News

Where’s the beef?U.S. consumption is in decline

By Meredith Davis February 15, 2012

For the past decade, cattle ranchers and meat packers watched with despair as America’s beef consumption steadily declined, ceding ground to leaner meats as well as vegetarian trends among the health conscious. Most recently, high unemployment in the world’s wealthiest nation had cash-strapped Americans avoiding restaurants where beef is a common entree and had them

Daily Network News

Canadian food, agriculture coalition to underscore CUSMA importance in Washington

Canada’s inflation in October eases to 2.2 per cent on lower gasoline, food prices

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

Tag Archives JBS

Brazil regulator lifts suspension of JBS Foods’ IPO

JBS to buy Australia’s Primo for $1.4B

Brazil’s JBS Foods to delay IPO

Cargill loses bid to stop ex-manager from working for rival

Ex-Cargill beef manager fights bid to keep him from rival

After beef’s biggest recall: What’s next?

White knight charges in to save XL, but it may be the last one

XL takeover latest in a series by global meat giant JBS

Where’s the beef?U.S. consumption is in decline

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