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Tuesday, May 18, 2021
JBS to invest US$351 million to expand its presence in Brazil's Parana state
Major Brazilian meatpacker JBS SA said it will invest BRL 1.85 billion (~US$351.39 million; BRL 1 = US$0.19) in Parana state to build a new processed foods factory and expand the capacity of an existing plant there by 25%, Reuters reported.
Friday, May 14, 2021
JBS reports profitable Q1 thanks to strong US meat operations
The world's biggest meatpacker, JBS, returned to profitability in the first quarter of this year thanks to the strong performance of its meat operation in the United States, the company said in its latest earnings statement, Reuters reporte ...
Friday, May 14, 2021
JBS and BRF affected by surging feed costs in domestic market
Major Brazilian meatpackers JBS SA and BRF SA said it is difficult to pass on rising feed costs to consumers in the Brazilian market, Reuters reported.
Friday, April 30, 2021
JBS begins operations on blockchain platform for cattle traceability
JBS announced that registration began this month of producers on the Transparent Livestock Farming Platform, a tool which, using blockchain technology, will make it possible to extend, to suppliers of its suppliers of cattle for the industr ...
Monday, April 26, 2021
JBS acquires major meat alternatives producer in Europe
JBS has agreed to purchase Vivera, Europe's third-largest plant-based protein producer, in a deal worth the equivalent of US$414 million.
Wednesday, April 21, 2021
JBS expands meat exports to Cambodia and the Dominican Republic
JBS announced last week that it has commenced exporting to the markets of Cambodia and the Dominican Republic, which have begun to take delivery of pork and poultry through its subsidiary, Seara.
Tuesday, April 20, 2021
JBS USA recalls boneless beef due to possible E. coli contamination
JBS USA Food Co. is recalling 4,860 pounds of imported boneless beef products that may be contaminated with E. coli O157:H7, according to the the US Department of Agriculture's Food Safety and Inspection Service (FSIS).
Monday, April 19, 2021
JBS to pay US$13 million to settle proposed pork price-fixing class action
Major meatpacker JBS SA will pay nearly US$13 million to settle a proposed pork price-fixing class action by retailers and restaurants, following settlement deals with wholesalers and consumers that amounted to US$45 million, Bloomberg repo ...
Friday, March 26, 2021
JBS projects strong meat demand from China this year
Major Brazilian meatpacker JBS SA projects strong meat demand from China in 2021 as China still recovers from an African swine fever (ASF) outbreak that decimated its domestic swine population, Reuters reported.
Tuesday, March 23, 2021
JBS ordered to pay US$3.6 million following COVID-19 outbreak at its beef plant
A Brazilian court has ordered major meatpacker JBS SA to pay BRL 20 million (~US$3.62 milllion; BRL 1 = US$0.18) in damages following a COVID-19 outbreak at its beef plant in São Miguel do Guaporé, northern Brazil, Reuters reported.
Monday, February 15, 2021
JBS USA says 700 pork plant workers received COVID-19 vaccine
JBS USA said 700 workers at its Beardstown, Illinois pork plant had received the first COVID-19 vaccine dose on-site, with a second dose to come in March, Reuters reported.
Monday, January 25, 2021
JBS USA and Pilgrim's Pride offers US$100 to workers that receive COVID-19 vaccine
JBS USA and Pilgrim's Pride have offered US$100 to their workers in the United States that voluntarily receive a COVID-19 vaccine, Reuters reported.
Thursday, January 21, 2021
JBS says China lifted import bans from its two Brazilian meat plants
Major Brazil-based meatpacker JBS SA said China had lifted a ban on imports from its two meat plants imposed late last year over COVID-19 issues, Reuters reported.
Thursday, November 12, 2020
JBS reports near nine-times increase in third-quarter net profit
Brazilian-based meatpacker JBS SA reported close to nine-times increase in its third-quarter net profit, surpassing market projections thanks to strong demand from China, the United States and its domestic market, Reuters reported.
Wednesday, November 11, 2020
FAIRR Initiative ranks JBS, BRF medium risk and Minerva high risk for investment
The FAIRR Initiative, a network of investors monitoring environmental, social and governance (ESG) issues in the dairy, meat and aquaculture industries, ranked major Brazilian meatpackers JBS SA and BRF SA "medium risk", while Min ...
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