JBS

Brazil's BRF, JBS Grapple With Higher Feed Costs, Lower Export Premiums

Higher grain costs are likely to weigh on meat processors like BRF SA and JBS SA when they report third quarter results this week, even as export markets s...

Brazil's JBS Posts Better-Than-Expected Results In Second Quarter

Brazil's JBS SA has posted second-quarter net profits nearly twice as high as the average of analysts' estimates, buoyed by a strong performance in its bee...

Meatpacker JBS Sees Steady Trade Flows But Flags Export Woes Amid Coronavirus

Brazil's JBS SA, the world's largest meatpacker, has said the coronavirus epidemic could cause container shortages, port disruptions and oth...

Bunge Sells Margarine and Mayonnaise Assets In Brazil

Brazilian meat processor JBS has reached an agreement with Bunge for the purchase of its margarine and mayonnaise assets in Brazil. The deal, conducted...

Italian Meat Producer Rigamonti Acquires Brianza Salumi

Italian meat producer Rigamonti, part of Brazil’s JBS meat processing group, has acquired Brianza Salumi, a producer and distributor of low-salt cure...

Brazil's BRF, Marfrig In Talks To Form Meatpacking Heavyweight

Brazilian food processors BRF SA and Marfrig Global Foods SA on Thursday announced exclusive talks for a potential tie-up that would create one of the worl...

EU Bans Imports From 20 Brazilian Meat Purveyors

European Union states unanimously voted on Thursday to ban imports of Brazilian meat products, mostly poultry, dealing a blow to the South American country...

JBS Says It's Done With Asset Sales As Earnings Boost Outlook

Meat giant JBS SA says it’s done selling assets as record earnings and brighter prospects for its beef, chicken and pork businesses in the U.S. offse...