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Poultry

(JBSS.infoinvest.com.br)
Livestock, Reuters

Brazil federal police raid JBS on insider trade probe

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Reading Time: 2 minutes Sao Paulo | Reuters — Brazil’s federal police on Friday raided the offices of JBS SA to investigate the alleged use of insider information in financial market dealings, pushing shares in the embattled meatpacker to a two-week low. Police said there were indications that JBS and controlling shareholder FB Participacoes SA gained an unfair advantage […] Read more
(JBSsa.com)
Livestock, Poultry/Eggs, Reuters

JBS says Pilgrim’s Pride stake not for sale

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Reading Time: < 1 minute Chicago | Reuters — Brazilian meat packer JBS SA’s core U.S. assets, including its majority stake in Pilgrim’s Pride Corp., are not for sale, the company said on Wednesday, a day after announcing a deal to sell Argentine operations. U.S. chicken company Pilgrim’s Pride is critical to JBS’ long-term strategy of pursuing business opportunities that […] Read more
(JBSs.infoinvest.com.br)
Livestock, Reuters

JBS sells LatAm units to Minerva

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Reading Time: 2 minutes Sao Paulo | Reuters — JBS SA has agreed to sell plants in Argentina, Paraguay and Uruguay to rival Minerva SA for US$300 million, as the world’s largest meatpacker seeks cash to weather a corruption scandal that caused a spike in funding costs. JBS will use proceeds from the transaction to cut debt, according to […] Read more
Get more from cover crops
Crops

Get more from cover crops

Our panel of producers keep their eye on maximizing the very real benefits that cover crops can deliver. Here’s how

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Reading Time: 7 minutes Cover cropping is certainly the hot topic of the last two years, with lots of interest in everything from traditional oat and red clover covers to multi-blending and inter-seeding covers into standing crops. Recently, Twitter has been alive with photos and links, and with descriptions of progress and the impacts of various cover crop regimens. […] Read more
(JBSS.infoinvest.com.br)
Beef Cattle, Livestock, Reuters

JBS parent to pay record fine in leniency deal

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Reading Time: 3 minutes Brasilia/Sao Paulo | Reuters — J+F Investimentos, controlling shareholder of the globe’s largest meatpacker JBS SA, agreed to pay a record-setting 10.3 billion real (C$4.3 billion) fine for its role in corruption scandals that threaten to oust President Michel Temer, Brazilian prosecutors said. The settlement means that Brazil’s three-year sweeping graft investigations have now led […] Read more
(JBSs.infoinvest.com.br)
Livestock, Reuters

JBS scandal might reduce Brazil meat supplies, industry group says

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Reading Time: 2 minutes Sao Paulo/Cuiaba | Reuters — An unfolding corruption scandal involving meatpacker JBS SA may reduce meat supply in Brazil, potentially benefiting rivals of the world’s largest beef exporter, industry group Abrafrigo said. Since the scandal broke, JBS and ranchers have been at odds, with the company deciding to stop buying cattle for cash and producers […] Read more
(JBSsa.com)
Livestock, Reuters

JBS brothers test dealmaking skills in Brazil plea deal showdown

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Reading Time: 3 minutes Sao Paulo/Washington | Reuters — The brothers whose deft dealmaking helped build JBS SA into the world’s No. 1 meat processor are testing that talent like never before as they seek a leniency deal with prosecutors after admitting to paying millions of dollars in bribes to Brazilian politicians. JBS and its controlling shareholder J+F Investimentos, […] Read more
(JBSS.infoinvest.com.br)
Livestock, Reuters

Brazil watchdog opens new probes into JBS-related insider trading

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Reading Time: 2 minutes 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 statement late on Friday, CVM […] Read more
(JBSsa.com)
Livestock, Reuters

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

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Reading Time: 2 minutes 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, fellow founder and current JBS […] Read more

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