JBS-SA Company News
Tuesday 18 September 2012
The last time Dick Maxfield toured what is now the JBS Beef Plant in Greeley, John F. Kennedy was president, the world’s population was less than half of what it is now and the Civil Rights Act had yet to be signed into law.
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Friday 14 September 2012
JBS S.A. (JBSS3) communicates to its shareholders and to the market in general that, as part of a scheduled succession plan, Andre Nogueira, current CEO of JBS Australia, will become president and CEO of JBS USA, effective Jan. 1, 2013, and Don Jackson will retire year end 2012.
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Thursday 13 September 2012
The Carbon Tax was just the last nail in the coffin of another meat packing company in the south. Having seen Castricum, Prom Meats,Trafalgar and Westmeats close down their slaughtering facilities in the last year despite being operational since the fifties.
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In a statement from JBS, Mr Nogueira said the King Island business, which employs about 105 workers on an island of 2000 people, had not been profitable since its acquisition by the Brazilian multinational. JBS operates 11 processing facilities across Australia.
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Sunday 26 August 2012
With the nation’s largest metropolitan population of 4.5 million people on its doorstep, it’s little wonder that DR Johnston’s Sydney wholesale distribution centre leaves an impression on visitors – both for its sheer scale and efficiency of operation.
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Sunday 19 August 2012
JBS S.A. Reports Consolidated Results for 2Q12
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Saturday 28 July 2012
JBS S.A. (“Company”) informs its shareholders and the market in general that the fund PROT – Fundo de Investimentos em Participacoes (“PROT-FIP”) entered liquidation phase during this month of July, 2012, as its validity period matured.
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Friday 27 July 2012
FEEDBACK from retailers in the United Kingdom to international processor JBS shows meat from unmulesed sheep is an emerging demand from consumers supplied with Australian lamb.
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Saturday 07 July 2012
JBS assistant livestock manager Duane Woodham presented a range of key performance indicators comparing Angus with other breed derivatives used in the company’s feedlot programs, ranging from 70-day domestic cattle to 220-day longfeds – all now sourced direct.
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Thursday 28 June 2012
RAISED in the Riverina, north of Deniliquin, and educated in Melbourne, Sam McConnell seems the ideal person to lead a restructured southern Australian division of global meat player JBS.
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Sunday 17 June 2012
JBS Repudiates False Accusations in Greenpeace Report
Company Will Take Legal Action to Protect its Interests
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JBS SA has obtained a court ordered injunction in Brazil that requires environmental group Greenpeace to remove from its website the report “JBS Scorecard: Failed” by the end of the day Wednesday.
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Tuesday 12 June 2012
From his office on an outer ring-road of São Paulo, Wesley Mendonça Batista, chief executive of JBS, is looking to steer Brazil’s biggest meatpacker by revenue deeper into emerging markets.
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Thursday 17 May 2012
For Sam Mumford and family, sound business principles 'free for all to learn' drive their mixed livestock production enterprises.
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Wednesday 16 May 2012
JBS S.A. Reports Consolidated Results for 1Q12
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Tuesday 15 May 2012
Fitch Ratings has affirmed its ratings for JBS S.A. (JBS), JBS USA, JBS USA Finance and JBS Finance II Ltd., including JBS' Issuer Default Rating (IDR) which was affirmed at 'BB-'. A full list of ratings actions follows at the end of this release. The Rating Outlook is Stable.
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Wednesday 11 April 2012
JBS the world's largest meatpacker, expects its U.S. poultry unit Pilgrim's Pride to report a profit for 2012, after a net loss last year, on hopes demand for protein will gain momentum throughout 2012, a senior company official said on Wednesday.
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Saturday 07 April 2012
JBS announces changes in its management in Australia and USA
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Vigor announces Maurício Hasson as Chief Financial Officer (CFO)
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Sunday 01 April 2012
HE'S a banker by background, but it seems JBS Australia's new chief executive officer Andre Nogueira is no stranger to the beef industry or the processing sector.
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Tuesday 27 March 2012
U.S. consumers already cringing at high beef prices can expect even more expensive meat later this year due to the smallest cattle herd in more than 50 years, the chief executive of one of the nation's largest meat companies said on Wednesday.
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Sunday 25 March 2012
Slides and Webcast: Slides of the presentation will be available on our investor relations website www.jbs.com.br/ir on March 22nd, 2012. The Conference Call will be broadcast live over the Internet on the same website, remaining available after the event.
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Friday 23 March 2012
São Paulo, March 21st, 2012 - JBS S.A (Bovespa: JBSS3), announces today its results for 2011 and fourth quarter of 2011. To access the documents, please click on the links below:
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Thursday 22 March 2012
JBS SA (JBSS3) announces to its shareholders and to the market that Pilgrim´s Pride Corporation (PPC), a Company listed on the New York Stock Exchange and controlled by JBS SA through its subsidiary, JBS USA Holdings Inc., completed the $200 million rights offering, as announced on December 08th, 2011. The subscription ratio reached 94% and the new shares will be issued and available from March 9th, 2012, date of the annual shareholders meeting.
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Tuesday 20 March 2012
JBS (JBSS3) informs its shareholders and the market in general that the Company purchased through its wholly owned subsidiary, JBS USA Holdings Inc.
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Sunday 11 March 2012
JBS S.A. announces its 4Q11 results release schedule
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Monday 05 March 2012
Earlier this week, Daily Globe employees — as well as other workers from local businesses — had the opportunity to take tours of Worthington’s JBS plant. The tours were made possible thanks to a collaborative effort of JBS and the Worthington Area Chamber of Commerce that resulted in a Chamber mixer at the facility.
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Saturday 04 February 2012
JBS UK managing director Marcus O’Sullivan is one of three international guests invited to speak at LambEx 2012.
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Thursday 26 January 2012
JBS S.A. communicates to its shareholders and to the market in general in accordance with good and transparent corporate governance practices that this Company is not negotiating any acquisition and denies news content circulating in the Brazilian press today.
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Monday 23 January 2012
JBS Announces The Issuance Of Debt Securities In The U.S.
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Thursday 12 January 2012
Australia's largest beef exporter is urging Australia to keep talking with Indonesia about the cattle and beef trade.
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Monday 26 December 2011
JBS S.A. informs its shareholders and the market in general that Anne Karine Napoli has been appointed as the new marketing director at Vigor, the Company´s dairy division. Anne will be responsible for the development and launch of new products and for coordinating the Research and Development department. She will report directly to Vigor´s president, Mr. Gilberto Xandó.
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Nebraska beef is recognized as a global brand and the gold standard for quality beef products. Around 5,500 head of cattle come into Grand Island each day for processing at one of the nation’s largest beef processing plants. The plant formerly owned by Monfort and then Swift is now held by JBS SA, a Brazilian company.
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Sunday 25 December 2011
JBS through their office in London managed the project with SAI Global UK an accredited service provider for GLOBALG.A.P. “We are pleased with the news” said Marcus O’Sullivan, Managing Director of JBS Global (UK), “It reaffirms our belief that the product we produce is of a world class standard, not only in terms of its eating quality but also with regard to the integrity of the supply chain which backs up the product”
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Sunday 11 December 2011
JBS appoints José Augusto de Carvalho Jr president of its Mercosul operations
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Saturday 03 December 2011
The story goes that when Wesley Mendonça Batista arrived in Greeley, Colo. in 2007 from Brazil he sported the basic cowboy gear of jeans, boots and hat. He spoke no English and made a point of getting blood on his hands– showing butchers at his newly acquired Swift how to carve out the most dollars’ worth of cuts from a cow’s carcass.
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Tuesday 25 October 2011
JBS S.A. informs its shareholders and the market in general that it has not violated any agreement or commitment made to public and civil institutions in Brazil. The Company stresses that it adopts strict controls of its raw material sourcing, follows a rigorous sustainability policy, monitors its suppliers and rejects any practices that harm the environment or people.
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Saturday 15 October 2011
AUSTRALIA'S largest abattoir will be slugged about $3.3 million a year from the combined costs of the carbon tax and higher electricity prices when the scheme comes in next year, and faces a bill of up to $9 million to cut emissions to reduce its exposure.
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Thursday 13 October 2011
Greeley-based JBS Swift and Co. has been recognized as the International Packer Marketer of the Year by Certified Angus Beef LLC.
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Utah’s Board of the Governor’s Office of Economic Development met and approved a post-performance tax rebate to allow JBS USA Holdings Inc. to expand its presence in Hyrum, Utah. The company plans to invest more than $30 million in developing a new and expanded meat packing and processing facility in the state.
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Tuesday 11 October 2011
GLOBAL economic tough times might seem bad for business, but international meat industry supremo, Wesley Batista, isn't looking too worried.
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WITH 125,000 staff now on the payroll, JBS chief executive officer, Wesley Batista admits his company's recent growth explosion has created some big challenges - including a sharp rise in its Australian business costs in the past four years.
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Monday 03 October 2011
Iain Mars from JBS in Dinmore goes 'undercover' in an episode of Network Ten’s ‘Undercover Boss’ screened on October 3, and he sees his business from a different perspective.
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Sunday 02 October 2011
The undisputed sector giant JBS is also showing interest in the European market. Based in São Paulo, JBS is the world’s largest beef marketing company and will also be represented at this year’s Anuga Meat. Last year the company’s turnover was the equivalent of €23.8 billion. The Brazilian group has meanwhile increased its ownership share of the Italian ham specialist Rigamonti Salumificio from 70 to 100 per cent. The group’s chief executives, the brothers Joesley and Wesley Batista, recently made the headlines again with their plans to take over the U.S. consumer goods company Sara Lee, which owns the American meat product brands Hillshire Farm, State Fair and Jimmy Dean.
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Speaking to a group meeting at JBS headquarters in Greeley, Colo last week, economist Jim Robb, director of the Livestock Marketing Information Center, outlined reasons cow-calf producers could reap financial benefits by expanding their cow herds over the next few years. He also noted some concerns, including stagnant economic growth, high input prices and U.S. consumers tightening their purse strings, but said most signs point to exceptionally strong cow-calf returns in coming years. Among his points:
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Tuesday 27 September 2011
The head of the world's largest protein producer thinks world demand for meat will continue to grow, at an accelerated rate.
From humble beginnings in Brazil in the 1950s, JBS has grown to be worth about $9 billion today, as the world's third largest food company.
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Monday 26 September 2011
JBS AUSTRALIA has beaten CRF at Colac in the race to secure a lucrative lamb contract with Coles.
About one million lambs destined for Coles supermarket chillers will now be processed at the multinational company's Brooklyn plant.
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The animals will be judged in the led steer and heifer competition this afternoon before all animals are processed at JBS Australia's Brooklyn plant next week and the overall winners announced next weekend.
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This week, beef packer JBS and Five Rivers Cattle Feeding hosted a group of large ranchers, scientists, seedstock operators and others to discuss ways to encourage heifer retention and herd expansion in the U.S. beef industry. Market signals favor expansion, but it is not happening because of drought, input prices, and other market trends.
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Sunday 25 September 2011
Few people can boast an employment record in which they’ve taken less than a handful of sick days in 27 years, much less 47 years, but Don Olson can count himself among them.
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Tuesday 20 September 2011
SINCE the introduction of Superborder rams into his first-cross breeding program, Lake Rowan farmer Mick Griffin has not only improved the genetics of his lambs, but been able to turn them out up to two month quicker for JBS Australia.
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During questiontime, Mr Mars touched on other areas of JBS Australia’s performance that could impact on its global competitiveness.
Just one of these was the need to optimise boning room yield from each carcass.
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Brazil's JBS SA should export more than US$10 billion in meat products by the end of 2011, up from US$8.7 billion in 2010, said company president Wesley Batista in an interview with Valor Economico newspaper. JBS' net revenue is forecast at BRL60 billion (US$35 billion) for this year, which would be up 9 percent from the year prior.
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Monday 19 September 2011
Mr Mars said while 70 percent of JBS’s production costs were in livestock purchase, over which the company had little real influence, it was in the remaining 30pc of operating costs where there was scope for refinement. Government fees and charges was another area where Australian beef’s international competitiveness was being seriously undermined.
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Sunday 18 September 2011
r Mars is currently the CEO and Director of Swift Australia Pty Ltd. With 28 years experience in the meat industry he is responsible for the management of Swift's extensive meat processing facilities and feedlot operations across Australia. Mr Mars joined the Vesty Group in London in 1981 as a management trainee visiting pubs, restaurants and butcher shops with samples of processed meat products.
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Monday 12 September 2011
For feedlot operators like Tom Brink of JBS Five Rivers Cattle Feeding at Greeley, Colorado challenges are coming from different directions. On one hand there’s the drought.
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Friday 09 September 2011
JBS SA led the way in 2010 in total cattle confinement with 168,772 animals, according to the survey. The company moved up from third in BeefPoint's cattle confinement rankings from 2009.
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JBS USA Beef reports a two-thirds reduction in microbial counts for E coli O157:H7 in its eight beef processing plants in the first half of 2011 versus the same period in 2010.
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Monday 05 September 2011
JBS Australia lifted rates typically 5c across many of its price grids on Wednesday, with top MSA steers rising to 345c; EU steers 350c; grassfed four tooth ox, 330c; and cows +300kg, 317c.
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JBS S.A. informs its shareholders and the market in general that it will take a further step in its operational integration strategy on September 1st, with a view towards generating more value for its shareholders, offering a wider range of price competitive products through cost reduction and efficiency gains.
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JBS Swift’s pork division has launched two new products for retail. The Swift Premium Guaranteed Tender All Natural Boneless Netted Sirloin and Swift Premium Guaranteed Tender All Natural St. Louis Style Spareribs come in time for Labor Day grilling, the company said in news releases.
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Friday 26 August 2011
Brazilian meat giant JBS S.A. has announced that BNDES (Brazilian Development Bank) converted a large amount of JBS debt into equity, boosting the bank’s shareholdings in the company to 30.4% from 17% previously.
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Thursday 18 August 2011
Net revenue for JBS was almost four per cent higher for the second quarter than for the same period last year. All the company's business units registered gains.
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Saturday 13 August 2011
THE sale of Australia's largest lamb processor has left the nation's second biggest supermarket chain, Wesfarmers-owned Coles, in an interesting position.
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Monday 08 August 2011
Greeley, CO-based JBS USA Beef says it saw a two-thirds reduction in microbial counts for E. coli O157:H7 in its eight domestic processing plants during the first half of 2011 when compared with the year earlier.
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Sunday 07 August 2011
Commercial beef brands operating under the Meat Standards Australia grading program are beginning to segment their products into narrower, more specific ranges, providing opportunity to optimise value from each item entering the system.
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Friday 05 August 2011
Buyers flocked to the sale from JBSSA Townsville, Byrnes Wholesale Meats, Morganbury Meats, Blennerhassett's Bingil Bay Beef, 5 Ways Investments' Pete Marsh, Heslin's from Tolga pub, Bill Knowles feedlot Malanda, and Babinda Meats.
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Thursday 04 August 2011
Meat processor JBS’ first shipment of Australian lamb legs into the United Kingdom market has been well-received, on farm market assurance manager Mark Inglis told SuperBorder breeders in Bendigo.
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Monday, August 15th, 2011 (after the market closes)
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Tuesday 02 August 2011
Commercial beef brands operating under the Meat Standards Australia grading program are beginning to segment their products into narrower, more specific ranges, providing opportunity to optimise value from each item entering the system.
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Sunday 10 July 2011
A big push is on for EU-accredited feeder cattle to enter grainfed programs destined to service the pre-Christmas holiday peak consumption period in the northern hemisphere.
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Sunday 22 May 2011
JBS S.A ("JBS") (Bovespa: JBSS3), announces today its results for the first quarter of 2011 (1Q11).
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JBS S.A. communicates to its shareholders and the market in general that it signed an agreement today with the Public Authorities of the Brazilian State of Acre, as well as with other Government Authorities from various Brazilian States.
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Saturday 21 May 2011
JBS profits up 48% - JBS SA’s net income the first quarter of 2011 was R$147.0 million (US$91 million), 47.9 percent above 1Q10, equivalent to R$0.06 (US$0.04) per share. EBITDA was R$835.9 million (US$517.12) with an EBITDA margin of 5.7 percent. Net revenue was R$14,672.7 million (US$9077.10 million), 20.2 percent higher than 1Q10.
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Thursday 19 May 2011
JBS S.A. ("Company"), pursuant to law 6,404/76 and CVM norm 358/02, hereby informs its shareholders, its debenture holders and the market in general that its Board of Directors decided to increase the Company's Capital Stock at a meeting held on May 17, 2011, and that, subject to the fulfillment of the conditions mentioned in item 3(b)(i) below, BNDES Participações S.A. - BNDESPAR approved, at a meeting held on the same day, the use of the credits of the debentures it holds in such capital increase.
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Sunday 15 May 2011
Summary of Statement from the Ministry of Justice's Secretariat of Economic Monitoring
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Tuesday 10 May 2011
1Q11 Conference Call Alert
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JBS S.A. announces its schedule to release the Results of 1Q11
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Sunday 24 April 2011
JBS SA (JBSS3) states that its procedures for buying cattle in the state of Acre are correct. After being linked to news about the purchase of cattle from embargoed properties in that state, as well as being party in a civil lawsuit filed by public prosecutors on April 14, 2011, the Company undertook detailed investigation and clarifies that such allegations are not true. The lawsuit refers to the possible purchase of 578 head of cattle in the past 4 years.
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Saturday 09 April 2011
JBS Australia was to announce a forward contract price for winter-delivered lambs last week but re-scheduled amid uncertainty over price and supply in coming months.
"Processors really are under the pump," JBS Australia livestock manager Steve Chapman said. "There's not a processor happy to be in this situation; the next four to five months are going to be a challenge.
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Sunday 03 April 2011
JBS S.A, announces today its results for the fourth quarter of 2010 (4Q10).
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Wednesday 23 March 2011
Australia's largest beef exporter to Japan said Monday that business is normal following the country's earthquake, tsunami and nuclear reactor crisis.
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Tuesday 22 March 2011
JBS have invited analysts and investors to an encounter with the Senior Management of JBS Global operations.
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Sunday 13 March 2011
JBS S.A. (JBSS3; Novo Mercado), in accordance with good corporate governance practices, communicates to its shareholders and to the market in general that the Company today signed a "Termination Agreement" with the Cremonini Group ending its participation in INALCA.
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Tuesday 01 March 2011
4Q10 Results will be released on Wednesday, March 23th, 2011 (after the Market closes) by Conference Call.
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Wednesday 02 February 2011
JBS S.A. appoints Joesley Batista Chairman of the Board and Wesley Batista CEO of its global operations
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Tuesday 01 February 2011
JBS USA has introduced a redesigned website featuring new information about the company and its history, brands and products.
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Friday 28 January 2011
Pilgrim's Pride said it plans to hire up to an additional 250 workers at its Nacogdoches, Texas, processing plant to operate new manual deboning equipment and is expanding its recruiting to include refugees from other countries.
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Wednesday 19 January 2011
Top executives at the JBS USA headquarters in Greeley, Colo. were enticed by what they heard during a meeting with Adam Aronson, CEO of Arrowsight Inc. in early 2010. The JBS team quickly realized how third-party monitoring and auditing using strategically placed cameras could advance the food-safety performance of workers at JBS-owned slaughtering plants and saw how the same technology could also improve the performance of livestock handlers at the facilities. Mt. Kisco, NY-based Arrowsight is a developer of software programs designed to provide remote video monitoring and auditing of food safety and animal handling practices at meat processing operations throughout the US
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Pilgrim's Pride Corporation, a subsidiary of JBS USA, has launched a redesigned Web site featuring recipes, coupons and updated information about the second-largest chicken company in the United States.
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Thursday 13 January 2011
IT WAS a handy pay-day for former Victorian tobacco grower, Bob Rigoni, "Grandview", Mudgegonga, Victoria, who received his best price ever for his cattle in the Wodonga yards.
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Tuesday 11 January 2011
Australia's biggest feedlot operator fired a shot into the weaner market, buying about 4870 - or about 11 per cent - of 44,250 cattle in the opening week of sales at Hamilton, Wodonga, Casterton and Naracoorte, South Australia last week.
Regular buyers and restockers claimed Swift's massive buying powe
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Sunday 09 January 2011
A LANDMARK meeting held recently involving environmental groups and key red-meat industry stakeholders from across the world suggests there may be a way forward for closer engagement between the two interest groups.
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Friday 07 January 2011
Flooding in Australia, the second- largest beef exporter, is slowing the restart of meat processing in Queensland after holidays as railways and roads are inundated by water, the local unit of JBS SA said.
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Tuesday 28 December 2010
Pilgrim's Pride Corporation has announced that its board of directors has appointed William W. Lovette as president and chief executive officer of the company, effective January 3, 2011.
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Friday 17 December 2010
Don Jackson, president and CEO of Pilgrim’s Pride Corporation, is resigning Jan. 2 to become president and CEO of JBS USA – the majority owner of Pilgrim's Pride. The position was formerly held by Wesley Batista. As a result, Pilgrim’s board of directors has appointed William Lovette to fill Jackson’s position as president and CEO of Pilgrim’s Pride, effective Jan. 3.
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Monday 13 December 2010
Pilgrim's Pride Corporation has announced that it has priced its private offering of $500 million aggregate principal amount of senior unsecured notes due 2018.
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Friday 10 December 2010
High praise for JBS meat plant investment JBS Swift long has been integral to the economy in this town about 60 miles north of Amarillo, and recent investments and partnerships with city government are strengthening that bond.
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Monday 06 December 2010
Construction of a large addition to the JBS USA slaughterhouse and meatpacking facility in Gun Plain Township, Mich. is ahead of schedule due to mild weather in the area, according to the Kalamazoo Gazette. To date, the foundation is in and the walls are about to be set on about a $22 million, 81,000-square-foot facility in an area adjacent to the current plant to add freezer capacity.
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Friday 03 December 2010
Officials with JBS USA announced plans to implement a 24-7 remote video-auditing program at its eight US-based beef processing facilities to enhance its food-safety interventions and quality programs as well as to ensure proper animal handling by its employees.
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