JBS SA proposed on Wednesday a thorough corporate reorganization entailing the creation of a company grouping international operations outside Brazil, the latest step by the world’s largest meatpacker to develop into a global food player. Under terms of the plan, São Paulo-based JBS SA will create JBS Foods International, an Ireland-based company whose assets will encompass global operations and those of Brazil-based food processor Seara Alimentos, The plan, which calls for JBS Foods International to be listed in New York, requires shareholder and regulatory approval, and could be finalized by November. Read more at Reuters…
Recent Posts
Crime Watch: Cow missing in Potter County
Texas & Southwestern Cattle Raisers Association Special Ranger Chris Ward, District 1 in the …
Continue Reading about Crime Watch: Cow missing in Potter County
Texas, Oklahoma weekly livestock auction summaries for July 1
Texas Compared to last week: Feeder steers and heifers sold steady to 4.00 higher. Trade activity …
Continue Reading about Texas, Oklahoma weekly livestock auction summaries for July 1
U.S. drought monitor and summary report for June 28
This Week's Drought Summary Widespread moderate drought and abnormal dryness continued to form …
Continue Reading about U.S. drought monitor and summary report for June 28