Month: February 2018

An independent survey of beef producers found 74 percent continue to approve of the Beef Checkoff Program; this finding is 5 percent higher than the survey a year ago. Importantly, the more producers know about the program, the more supportive they are. The survey also found that producers are generally more optimistic about the cattle industry than they were a year ago. …

Working to unlock the Future of Protein™, plant-based meat purveyor Beyond Meat announced the building of a new 26,000 square foot research and development center at their headquarters in El Segundo. The new facility will house more than 100 employees, and is the new home to Beyond Meat’s Manhattan Beach Project, the company’s on-going initiative to bring the best and brightest scientists, engineers, food technologists, chefs, and researchers together in service to a single goal: perfectly build a piece of meat directly from plants. …

JBS USA Lux S.A. announced that it has commenced a private offering of $700.0 million aggregate principal amount of senior notes due 2028.  JBS USA Lux S.A. and JBS USA Finance, Inc. will be co-issuers of the Notes.  Each of JBS USA’s U.S. restricted subsidiaries that guarantee JBS USA’s term loans will guarantee the Notes.  …