Beef

Tyson Foods Sales Hit By Slowing Demand, Set To Shut Chicken Plants

Tyson Foods has missed Wall Street expectations for third-quarter revenue as higher beef prices hit demand for its products, sending its shares down more t...

Brazil's JBS Reboots Plans To List Shares In New York

JBS SA has proposed listing its shares in New York, hoping the move will bring its multiples closer to peers and that a broader investor base will giv...

EU, Australia Fail To Conclude Free Trade Agreement, For Now

The European Union and Australia have failed to conclude talks on a planned free trade agreement after differences remained unresolved, notably on agricult...

Walmart To Invest In Beef-Packing Plant In Kansas

Walmart has announced that it plans to invest $257 million (€238.3 million) to open a beef-packing plant in Olathe, Kansas in 2025, which would create...

Brazil's JBS Swings To Loss, Citing Grain Costs And Meat Oversupply

JBS has reported a net loss of 1.45 billion reais ($290.2 million) for the first quarter, blaming high grain prices and an over-supplied meat market for th...

Tyson Foods Cuts 2023 Sales Forecast As Demand Slows

Tyson Foods Inc has trimmed its full-year revenue forecast, indicating that price hikes and stubbornly high inflation are discouraging consumers from spend...

JBS Opens Three New 'Green Offices' In Brazil

Meatpacking firm JBS has opened three new 'Green Offices', in the Brazilian cities of Araguaína (TO), Naviraí (MS), and Vilhena (RO), extendi...

European Parliament Backs Ban On Goods Linked To Deforestation

The European Parliament has approved a landmark deforestation law to ban imports into the EU of coffee, beef, soy and other commodities if they are linked...