JBS Posts World Best Meat Rally With Scandal in Rear-View Mirror

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.