China’s demand for Brazilian beef plummets
The Asian country, which usually relies on Brazil for the majority of its beef, could see a 19% drop in purchases from global markets next year as its economy struggles…
JBS’s profits slump 10%
JBS SA, the world`s largest meatpacker, posted an almost 10% drop in net profits, to $766 million, driven by the relative weakness of its U.S. beef and pork units in…
How JBS’s bribed its way into Australia
The history of global meat company JBS is so strewn with villainy you do wonder where to start. In 2017, it paid a $4.5 billion fine after its billionaire owners…
JBS completes BioTech Foods acquisition
JBS – the largest meat processing company in the world – has announced it has become a majority shareholder of BioTech Foods, a cultivated protein company based in Spain. BioTech Foods operates…
BRF has made face masks optional for workers
Brazilian food processor BRF SA (BRFS3.SA) confirmed it has made wearing a face mask “optional” at its Carambei chicken plant starting Sunday, according to a statement sent to Reuters on Tuesday. The…
JBS acquires BioTech Foods for $60m, a cultivated protein company in Spain.
JBS – the largest meat processing company in the world – has announced it has become a majority shareholder of BioTech Foods, a cultivated protein company based in Spain. BioTech Foods operates…
