Insights and Stories on JBS

U.S. livestock: Cattle tumble in technical selloff after contract highs

Jun. 6, 2017 at 5:15 pm CDT

Chicago | Reuters — U.S. live cattle futures fell more than one per cent on Tuesday, reversing from earlier life-of-contract highs on pressure from investment fund and technical selling, traders and analysts said. Feeder cattle futures declined by their daily price limit of 4.5 cents/lb. while lean hog futures were […]

JBS parent to pay record fine in leniency deal

May. 31, 2017 at 12:40 pm CDT

By Ricardo Brito Tatiana Bautzer

JBS scandal might reduce Brazil meat supplies, industry group says

May. 27, 2017 at 7:37 am CDT

By Ana Mano roberto-samora

JBS shares soar as speculation mounts over crisis fallout

May. 25, 2017 at 4:51 pm CDT

By Ana Mano

JBS brothers test dealmaking skills in Brazil plea deal showdown

May. 19, 2017 at 6:34 pm CDT

By Joel Schectman Tatiana Bautzer

Brazil watchdog opens new probes into JBS-related insider trading

May. 19, 2017 at 6:11 pm CDT

Sao Paulo | Reuters — Brazil’s securities regulator said it launched four new probes against meatpacker JBS SA and other companies controlled by J+F Investimentos on Friday to investigate suspicious trades made before markets were rattled by the revelation of a plea deal by the company’s top executives. In a […]

By Alberto Alerigi Tatiana Bautzer

JBS delays but does not give up on U.S. IPO plan

May. 16, 2017 at 12:55 pm CDT

Sao Paulo | Reuters — JBS SA, the world’s largest meatpacker, has delayed but not ditched its plan to list a U.S. subsidiary this year despite a series of investigations targeting the company’s owners, CEO Wesley Batista said Tuesday. A court last week ruled the CEO and his brother Joesley, […]

By Reuters

Brazil police probe loans to JBS

May. 12, 2017 at 2:21 pm CDT

Brasilia | Reuters — Brazil federal police are investigating suspected fraud in loans by state development bank BNDES to JBS SA, a police source said on Friday, sending shares of the world’s largest meat processor lower after a series of scandals. Separately, police said earlier on Friday they would detain […]

By Lisandra Paraguassu Pedro Fonseca

JBS mulls delaying IPO of international unit

May. 10, 2017 at 6:52 pm CDT

Sao Paulo | Reuters — JBS SA, the world’s largest meat processor, may postpone the New York listing of a global food processing unit originally expected for the second quarter because of lukewarm investor feedback after a scandal in Brazil, two people with knowledge of the situation said. Executives at […]

By Tatiana Bautzer

Brazil’s JBS to resume slaughtering at six idle beef units next week

Apr. 20, 2017 at 3:37 pm CDT

São Paulo/Reuters – The world’s largest meatpacker JBS SA will next week resume slaughtering at six out of 10 beef processing units after sending workers on temporary leave earlier this month, the company said in a statement on Thursday. Another four units will restart operations on May 2 after “reforms, […]