A Brazilian-owned meat processing company undercut its competition by more than $1 per pound to win nearly $78 million in pork contracts through a federal program launched to help American farmers offset the impact from an ongoing trade war. …
The JBS Global Food Innovation Center In Honor of Gary & Kay Smith officially opened on the Colorado State University campus Tuesday, April 9, when JBS USA CEO Andre Nogueira cut the ribbon on the $20 million state-of-the-art facility. …
The world’s largest meat producer and its Pilgrim’s Pride Corp. unit both gained about 9 percent in the past five days, outperforming peers. JBS shares are at three-year highs and its bond spreads are the tightest versus rival Tyson Foods Inc. since March 2017 as demand prospects brighten and the company moves past a 2017 corruption scandal. …
An outbreak of a deadly virus threatening pork production in China may be a boon to Brazilian and U.S. exporters, meat processor JBS SA’s chief executive said in a live webcast on Tuesday. …
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