Brazilian food giant JBS hit by a surge in feed costs and trade conflicts

Thursday, August 16th 2018 - 21:15 UTC

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Brazilian food company JBS SA would need to raise product prices by another 7% at its processed foods division Seara to offset a surge in feed costs, executives said on Wednesday. Seara raised prices by 3% in the second quarter, the executives said on a conference calls with analysts to discuss second-quarter results. Read full article

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chronic
Why aren't their executives already in prison?
Aug 17th, 2018 - 12:04 pm - Link - Report abuse 0
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