Insights and Stories on JBS

Oct. 30, 2015 at 3:13 pm CDT

Sao Paulo / Reuters – Brazilian meatpacker JBS SA said on Friday it had concluded its $1.45 billion acquisition of Cargill Inc’s U.S. pork assets without any restrictions from regulators, a deal that makes it one of the largest meat companies in the United States. UPDATE: Cargill Illinois hog processing plant […]

By Reuters

Oct. 27, 2015 at 7:50 pm CDT

Sao Paulo | Reuters –– JBS SA, the world’s largest meat packer, is ready to take on a slew of acquisitions next year, chairman Joesley Batista said Tuesday. The Brazilian company controls assets in the U.S., Canada, Australia and other countries. Batista, speaking on the sidelines of a telecommunications industry […]

By Reuters

Sep. 20, 2015 at 10:46 am CDT

Sao Paulo | Reuters –– Brazil’s JBS, the world’s largest beef exporter, is looking to enlarge its processed foods operations and expand in Europe, CEO Wesley Batista said in an interview with Valor Economico published Friday. The company, which in recent months has made billion-dollar acquisitions in the U.K. and […]

By Reuters

Aug. 14, 2015 at 5:45 pm CDT

Sao Paulo | Reuters — Meatpacker JBS expects fresh beef exports from Brazil to the U.S. to begin no earlier than 2016, later than the Brazilian government predicted, CEO Wesley Batista said Friday. An agreement between the two countries was signed in June, when Brazilian President Dilma Rousseff visited Washington, […]

By Reuters

Jul. 2, 2015 at 3:04 pm CDT

Chicago | Reuters –– U.S. lean hog futures rose as much as two per cent on Thursday, lifted by large weekly pork export sales and hopes a deal between JBS USA and Cargill could lead to more international shipments, traders and analysts said. Volume was light in an abbreviated session […]

By Michael Hirtzer