Brazil’s JBS SA, the world’s largest meat producer reported last Friday that quarterly profit plunged 47.1%, with results still beating analysts’ estimates as higher revenues helped offset shrinking margins in its U.S. beef division.
Brazil's JBS, one of the world's largest protein processors with interests in three continents is moving into the fish industry following a deal for the purchase of Australia's salmon farming company Huon Aquaculture for the equivalent of US$ 315 million.
Brazilian farmers are planning to expand their soy area for the 15th consecutive year, according to a survey by consulting firm Datagro. The world’s largest soybean producer and exporter will increase the area sown by 4%, to 40.57 million hectares in the 2021/2022 season.
Brazilian corporation JBS, the world's biggest meat processors, paid a US$11 million bitcoin ransom to hackers to prevent any further disruption after a paralyzing cyberattack believed to have originated in Russia.
United States branch of Brazilian giant meat processor started to return to a plant in Texas, but with new instructions, get ready to do things a bit differently than normal: work by hand.
Brazilian meatpacker JBS SA announced that China has lifted bans on two meat plants imposed in 2020 over coronavirus concerns.
An investigation published this week showed six Brazilian meatpacker firms bought cattle from ranches that used slave labor. Labor experts suggested on Wednesday that the firms must clean up their supply chains.
The owner of the world’s largest meatpacker pleaded guilty in U.S. federal court this week to paying nearly US$ 180 million in bribes to top Brazilian officials in exchange for state-backed financing used to go on a buying spree in the U.S.
Two months after China said it found residues of Covid-19 in a batch of chicken wings imported from Brazil, Beijing authorities repeated the announcement, but this time in relation to Brazilian beef. Apparently, traces of Covid-19 were detected in beef packaging during an inspection carried out at the Port of Dalian, one of the largest in the country.
Food processor JBS SA is hiring 5,200 additional workers in Brazil, seeking to boost output in a key export base while fending off the threat of the novel coronavirus, which disrupted some its plants in the second quarter.