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Cattle Industry News By Category: Company

03 June 2021
Shares in Brazil’s BRF soar after Marfrig seeks antitrust approval for BRF stake
Shares in Brazilian pork and poultry processor BRF SA closed up nearly 10% on 1 June after beef producer Marfrig Global Foods SA asked antitrust watchdog CADE to approve its purchase of almost a quarter of BRF's stock....
02 June 2021
US says ransomware attack on JBS likely came from Russia
Brazil's JBS SA told the U.S. government that a ransomware attack on the company that disrupted meat production in North America and Australia originated from a criminal organization likely based in Russia, the White House said on 1 June....
A court in Brazil rules that JBS must pay damages over COVID-19 outbreak
A court in Brazil ordered JBS SA, the world's largest meat processing company, to pay 1 million reais ($194,000) in damages over its failure to take measures to protect workers from a COVID-19 outbreak....
Brazil’s Marfrig seeks antitrust approval for its purchase of BRF shares
Brazilian beef producer Marfrig Global Foods has formally asked antitrust watchdog CADE to approve its purchase of almost a quarter of BRF's outstanding stock....
01 June 2021
Cyber attack hits JBS meat plants in Australia and North America
Australian and North American units of the world's largest meat works were hit over the weekend by an organized cyber attack on its information systems, Brazil's JBS SA said in a statement....
31 May 2021
JBS Australia suffers cyber attack
Australia’s largest meat processing facility, operated by Brazil’s JBA SA, was hit by a major cyber attack over the weekend....
29 May 2021
Farm Health Guardian expands team to support US business
Farm Health Guardian welcomes Kyle Thomas to its North American team to support the company’s growth and expansion in the United States....
28 May 2021
Beef producer boosts sale prices with free app
A Scottish beef producer has been tackling inefficiencies in her business and selling her cattle at higher prices using a free precision livestock app....
26 May 2021
Brazil’s securities regulator accuses Marfrig CEO of insider trading
Brazilian securities regulator CVM has accused Marcos Molina, the chief executive of Brazilian meatpacker Marfrig Global Foods SA, of the "misuse of privileged information" involving Marfrig shares before a filing in April 2018, according to a document...
24 May 2021
Marfrig becomes BRF’s top shareholder after buying $800 million stake
Brazil’s Marfrig Global Foods announced that it purchased almost a quarter of Brazil’s BRF SA’s outstanding shares....
21 May 2021
These nine ground-breaking innovations could transform South America's agriculture sector
The Animal AgTech South America Summit, being held virtually from 30 June to 1 July, will showcase the latest innovations in livestock farming, including offerings from nine start-ups that could transform the industry....
14 May 2021
Brazil meatpackers JBS and BRF report being stung by feed costs in the home market
Brazilian meatpackers JBS SA and BRF FA acknowledged that they are struggling to pass on higher feed costs to consumers in their home market, but JBS sounded had a more bullish tone given its big US exposure....
13 May 2021
JBS swings back to profit in first quarter on strong US meat business
JBS, the world’s largest meatpacker, returned to profitability in the first quarter thanks to the strong performance of its US meat operation, it said in an earnings statement on 12 May....
12 May 2021
Tyson Foods warns that rising costs will erode profits despite lifting its revenue outlook
American meat processing giant Tyson Foods expects that rising costs will hit profits in later quarters of 2021, even though the company raised its full-year revenue forecast due to higher meat prices and improving consumer demand....
11 May 2021
Tyson Foods beats sales estimates in second-quarter 2021
Tyson Foods, the largest US meat processor, outperformed second-quarter revenue projections on 10 May due to strong demand for poultry from the food service sector....
23 April 2021
Want to make the most of homegrown forage?
Corteva Agriscience is reinforcing its commitment to helping livestock farmers ramp up their forage agronomy skills with the launch of Forage Bites....
21 April 2021
Tyson Foods expands onsite COVID-19 vaccinations to employees' families
Tyson Foods Inc says that US employees' family members will be able to receive COVID-19 vaccines at all future vaccination events the company holds, a sign of increasing supplies and expanded eligibility for shots in the general public....
Brazil's JBS expands into plant-based protein with Vivera acquisition
JBS has purchased Vivera, Europe’s third-largest plant-based protein producer for €341 million, to appeal to those who want to eat less meat. ...
20 April 2021
JBS invests $301 million to upgrade meat plants in Brazil
Meat packing giant JBS SA will invest $301 million (1.7 billion reais) between 2021 and 2023 to update seven meat processing plants in Southern Brazil....
16 April 2021
Weekly beef and dairy digest: US beef sales abroad continue to slip
Read the USDA outlook for beef and veal and see an in-depth analysis of Brazil's meat industry. ...
Global corporations seek unified and market-based approaches ahead of climate summit
Corporate executives and investors say they want world leaders at next week's climate summit to embrace a unified and market-based approach to slashing their carbon emissions....
09 April 2021
Weekly beef and dairy digest: Australia's dairy industry contends with flood aftermath
US beef sales slip and the dairy industry prepares for peak levels of milk. ...
05 April 2021
Tacos, steak and bacon, oh my! New research says certain foods can instantly improve mood
A new survey of 2,000 nationally representative Americans analyzed the relationship between our moods and the food we eat and found it really is a complicated relationship to say the least....
30 March 2021
BBFAW update: Global food producers lead animal welfare efforts in 2020
The Business Benchmark on Farm Animal Welfare (BBFAW), a globally recognised investor framework for assessing companies' performance on farm animal welfare, has released its annual report for 2020....
27 March 2021
UK grocers call on government to align trade and environmental targets
UK retailers Co-op, Iceland, Waitrose, Nestle, and Pilgrim's Pride are urging the government to align its trade policies with its environmental ambitions. ...
26 March 2021
JBS strikes a positive tone on China meat imports outlook
Brazilian meatpacker JBS SA anticipates strong demand for meat this year from China as ASF troubles linger....
New research finds potential emissions reductions for HydroGreen's hydroponic fodder system
CubicFarm Systems, a Canadian agricultural technology company, announced that a scientific journal has published a case study involving HydroGreen Inc, a division of CubicFarms that has pioneered innovative technologies to produce live green animal feed....
25 March 2021
JBS’s fourth-quarter profits were bolstered by weak currency and strong demand from US and Chinese markets
Brazilian meat processor JBS SA's fourth-quarter profit rose 65% from a year earlier, boosted by strong food sales in China and the United States and a sharp devaluation of Brazil's real currency, the company said in a securities filing on Wednesday 24...
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