Insights and Stories on JBS

JBS shares slump as prosecutors target controlling holder

Feb. 7, 2017 at 5:17 pm CST

Sao Paulo | Reuters –– Shares in JBS SA, the world’s biggest beef exporter, tumbled on Tuesday after prosecutors demanded that Joesley Batista step aside as head of JBS controlling shareholder J+F Investimentos SA. Common shares fell as much as 6.2 per cent to 11.29 reais (C$4.76) in early trading […]

JBS plans U.S. IPO for international unit

Dec. 6, 2016 at 3:03 am CST

By Marcelo Teixeira

Investors press meat producers to cut water pollution

Nov. 21, 2016 at 9:22 pm CST

By Lisa Baertlein

JBS scraps reorganization after Brazil veto

Oct. 26, 2016 at 4:18 pm CDT

By Guillermo Parra-Bernal Reese Ewing

Major Alberta cattle feeder set to shut feedlots

Sep. 21, 2016 at 2:59 pm CDT

By Rod Nickel

JBS chiefs return to posts

Sep. 14, 2016 at 5:10 pm CDT

The CEO and board chairman of the world’s biggest beef exporting firm say they’ve received clearance from a Brazilian federal court to return to their positions, after being ordered off the job last week. Brothers Wesley Batista and Joesley Batista, the CEO and board chairman respectively at Brazilian meat packing […]

By Staff

JBS CEO ordered to step aside in Brazil pension fund probe

Sep. 6, 2016 at 7:37 am CDT

Brasilia | Reuters — Brazilian police launched an investigation of fraud at state-run companies’ pension funds on Monday, as a judge ordered dozens of senior financiers and executives away from their firms, including the CEO of the world’s biggest beef exporter. Police carried out five arrests, more than two dozen […]

By Cesar Raizer

JBS quarterly profits beat expectations

Aug. 11, 2016 at 7:52 pm CDT

Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meat processor, posted better than expected second-quarter profits on Wednesday, helped by a sharp increase in revenues from its pork business in the U.S., said the company. São Paulo-based JBS earned 1.657 billion reais (C$650 million) in net income […]

By Reuters

U.S. opens up to Brazil fresh beef imports

Aug. 1, 2016 at 8:12 pm CDT

Brasilia | Reuters –– The U.S. and Brazilian governments exchanged food safety equivalence documents on Monday that will open up their respective markets to fresh beef exports, a window expected to boost Brazil’s exports to the U.S. by US$900 million. The U.S. Department of Agriculture said its Food Safety and […]

By Reuters

Earls locks in Canadian beef supplies

Jun. 22, 2016 at 8:41 pm CDT

Vancouver-based dining chain Earls has enlisted a handful of Canadian ranchers and processors to supply beef to about half its stores while matching its criteria for animal care and “ethical farming practices.” The move comes about six weeks after Earls retreated from a plan to source its beef from Creekstone […]

By Staff