Tag: JBS

VegNews: World’s Largest Meat Company Profits Drop 80 Percent

by Anna Starostinetskaya | August 21, 2017 Troubled Brazilian meat giant JBS reports massive dip in earnings after global meat scandal. Last week, Brazilian meat company JBS reported a 79.8-percent decrease in net profits in the company’s second quarter compared to the same time period in 2016. The troubled meat processing company—the largest in the


CommonDreams.org: Factory Farm Meat: Why Vegetarians, Ranchers and Conscious Omnivores Need to Unite

by Ronnie Cummins The large meat industry interests have monopolized the market by brainwashing the public into believing that cheap meat, from animals raised on brutal factory farms, is the best we can do. It’s a lie. For the first time since the advent of industrial agriculture, the federal government is considering advising Americans to

WNAX: OCM Wants OIG Investigation Into USDA Employee Exits

The Organization for Competitive Markets is concerned with the exiting of employees from the U.S. Department of Agriculture to jobs in the meat industry. OCM Executive Director Joe Maxwell says their biggest concern is with the most recent case of the inspector in charge at the Food Safety and Inspection Service Al Amanza taking a

Reorg Research: US Cattle Group Explores Legal Action Against JBS, Alleges Antitrust Wrongdoing

July 06, 2017 07:53 The Ranchers-Cattlemen Action Legal Fund (R-Calf USA), which represents U.S. cattle growers, is talking to attorneys to explore ways in which it can litigate against JBS to address wrongdoing related to anti-trust activities that the company is allegedly involved in, the CEO of the group told Reorg Research. Bill Bullard said

The Progressive Farmer: The Market’s Fine Print – The JBS Decade

John Harrington, DTN Livestock Analyst | 6/29/2017 | 9:03 AM CDT Despite the fact that JBS had enjoyed an impressive growth curve through Brazil and parts beyond for more than 50 years, the global meat giant was treated like the new kid on the block by the U.S. media when it first made “worthy” headlines


Food & Power: The Month In Review

Amazon to Buy Whole Foods Amazon shocked many in the food world with news two weeks ago that it plans to buy the grocery retailer Whole Foods for $13.7 billion. The news amplified concerns about Amazon’s size and growth, leading many to call for antitrust scrutiny of the deal. The deal will likely be reviewed

Denver Post: JBS to sell Greeley’s Five Rivers Cattle Feeding as part of $1.8B divestment plan

By Dow Jones Newswires PUBLISHED: June 20, 2017 at 10:49 am World’s largest meatpacker is trying to shore up its cash position following Brazilian corruption settlement signed last month RIO DE JANEIRO — Brazil’s JBS SA, the world’s largest meatpacker, said Tuesday it aims to sell $1.8 billion of assets in a bid to shore


Harvest Public Media: American Beef Industry Gets Ready To Send A Bull Back Into China’s Shops

By Luke Runyon • Jun 15, 2017 After coming to an agreement with U.S. trade officials to bring American beef to China after a 14-year hiatus, the most populous country in the world is set to once again import U.S.-raised beef. To take advantage of the massive new market, however, the U.S. cattle industry is

Reuters: Exclusive: China’s WH Group targets beef and poultry assets in U.S. and Europe

By Tom Polansek and Julie Zhu | CHICAGO/HONG KONG Smithfield Foods Inc’s owner, China-based WH Group Ltd (0288.HK), is scouting for U.S. and European beef and poultry assets to buy, in a move that would sharpen its rivalry with global meat packers Tyson Foods Inc and JBS SA. Expanding into beef and poultry would bring

Food Safety News: U.S. cattlemen see opportunity to reopen JBS anti-trust issue

By News Desk | June 12, 2017 Some U.S. cattle ranchers are seeing an opportunity in the way JBS Corp. has gotten itself tied up in Brazil’s political scandal. JBS USA is the wholly owned subsdiary of JBS S.A., the Brazilian corporation that is the world’s largest fresh beef and pork processor with sales of