JBS Archives - Page 19 of 20 - Canadian Cattlemen

Beef Cattle, Livestock, Markets, Reuters

Meatpacker JBS closes plant, lays off 650 workers in Brazil

By Reuters May 20, 2015

Sao Paulo | Reuters — The world’s largest meatpacker JBS SA laid off 650 workers and closed a plant in Brazil’s Mato Grosso state due to the lack of cattle ready for slaughter, a state labour official and the company said on Wednesday. JBS CEO Wesley Batista said last week that the first three months […] Read more

Beef Cattle, Livestock, Markets, Reuters

JBS CEO says Brazil close to exporting fresh beef to U.S.

By Reuters May 14, 2015

Sao Paulo | Reuters — Brazil is “closer than it had ever been” to exporting fresh beef to the U.S., the CEO of Brazilian meat packer JBS SA said Thursday, adding he expects shipments to start later this year. The Brazilian agriculture ministry expects a formal announcement on meat exports to the U.S. when President […] Read more

Beef Cattle, Prime cuts

Beef packers struggle for supply numbers

Beef packers on both sides of the border are struggling to buy cattle to run their plants efficiently

By Steve Kay May 6, 2015

Few producers shed a tear when they hear of beef packers’ struggles. U.S. producers for years riled against packer consolidation, captive supply and any other perceived evil they thought packers perpetrated on the industry. Canadian producers remember only too well the large profits packers made after BSE crushed live cattle prices across the country. I […] Read more

Livestock, Markets, Reuters

JBS has cash for takeover, but focused on growth, CEO says

By Reuters April 8, 2015

Sao Paulo | Reuters — Brazilian meat packer JBS will have sufficient cash flow in 2015 to bankroll potential acquisitions, but for the time being plans to focus on consolidating gains from recent takeovers, CEO Wesley Batista said on Tuesday. The company in late March completed the US$1.125 billion buyout of Australian meats company Grupo […] Read more

Hogs, Livestock, Markets, Reuters

Australia clears JBS bid for pork firm Primo

By Reuters March 4, 2015

Sydney | Reuters — Australian regulators have approved a bid by the U.S. arm of Brazilian beef giant JBS to acquire Australian Consolidated Food Holdings Pty. Ltd. (Primo) for an undisclosed sum, Treasurer Joe Hockey said on Wednesday. The approval by Australia’s Foreign Investment Review Board (FIRB), subject to conditions at Primo’s abattoir, allows the […] Read more

General, Markets, Reuters

Brazil truckers continue some roadblocks after crackdown

By Caroline Stauffer, Marcelo Teixeira March 2, 2015

Sao Paulo | Reuters — Striking truck drivers resumed some roadblocks in Brazil on Monday, disrupting grain and meat shipments to southern ports even as the government cracked down on protesters and promised to give new benefits to the transport sector. By mid-afternoon there were 23 road blockages in three southern states, down from 99 […] Read more

Livestock, Reuters

JBS suspends IPO of processed foods unit, again

By Reuters February 27, 2015

Rio de Janeiro | Reuters –– Brazilian meatpacker JBS SA said on Friday it was cancelling an initial public offering of its processed food unit JBS Foods due to unfavourable market conditions. This is the fourth time JBS, the world’s largest meatpacker, suspended plans for the IPO of JBS Foods. JBS said in a statement […] Read more

Beef Cattle, Prime cuts

It’s all about the cattle numbers

By Steve Kay February 9, 2015

Numbers are the lifeblood of the North American beef industry. Whether it’s cattle prices, wholesale beef prices, slaughter and production levels, or cattle and beef exports and imports, the industry pores over numbers every week to glean what might lie ahead. Forecasts for 2015 start with cattle numbers. The early prospects continue to be bright […] Read more

Beef Cattle, Livestock, Markets, Reuters

JBS expands Utah beef plant as cattle supply squeezes rivals

By Reuters January 29, 2015

Chicago | Reuters –– JBS USA, one of the top U.S. meat processors, said Thursday it will expand a Utah beef processing facility, even as some of its rivals have been shuttering plants because of tight cattle supplies. The project is notable because the U.S. cattle herd has fallen to its smallest size since 1951, […] Read more

Beef Cattle, Comment

Sustainability is in sight

The world agrees on a definition

By Gren Winslow December 12, 2014

As we look ahead to 2015 I imagine most of you are anticipating, or hoping, for a repeat of 2014. We can’t always see what lies ahead, but in at least one small aspect I’m pretty confident that you are going to hear the word sustainability crop up in conversations a lot more in the […] Read more

Daily Network News

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Klassen: Feeder market drops sharply

Tag Archives JBS

Meatpacker JBS closes plant, lays off 650 workers in Brazil

JBS CEO says Brazil close to exporting fresh beef to U.S.

Beef packers struggle for supply numbers

JBS has cash for takeover, but focused on growth, CEO says

Australia clears JBS bid for pork firm Primo

Brazil truckers continue some roadblocks after crackdown

JBS suspends IPO of processed foods unit, again

It’s all about the cattle numbers

JBS expands Utah beef plant as cattle supply squeezes rivals

Sustainability is in sight

Canadian Cattlemen Presents: Depth of Field

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