A Brazilian federal court has blocked meat processing giant JBS’s proposal to divest its beef operations in three South American markets. JBS’ $300m sale of the select South American beef processing operations to rival ...
Tags: meatpacker, Minerva
Cargill, a US-based agribusiness company, has reported a 41% drop in net earnings to $571m, for the first quarter of 2014 over stale performance in its global grain trading and processing business, affected by 2012 drought. Net sales for ...
Tags: Cargill, Net Profit
American agribusiness company Cargill has announced that it will idle its beef processing facility in Plainview, Texas, on 1 February 2013, and lay off 2000 workers. The company has blamed reduced cattle supply resulting from years of ...
Tags: Cargill, beef processing facility, Texas
XL Foods' plant in Alberta, Canada, which was at the center of a national beef recall, has resumed operations under its new owner - JBS USA. The Canadian Food Inspection Agency (CFIA) had suspended the license of the plant on 27 September ...
Tags: beef processing operations, national beef recall, contaminated products