JBS News Updates

Consumer demand for chicken has continued to grow, making the sector a more lucrative one for U.S. meatpacking operations that have been losing money in the beef market.

A “normal” cattle flow could be seen as soon as the second quarter of 2027, according to Wesley Batista Filho, who takes over as CEO next year.

Wesley Batista Filho will take over as global CEO in January after spending the past three years leading the company’s U.S. division.

JBS is stepping back from a 2040 net-zero emissions goal, dropping targets for the indirect emissions that make up the bulk of its environmental footprint.

The world’s largest meat supplier also said it is closing a value-added facility in Memphis, Tenn., which packages various proteins.

The U.S. Department of Agriculture is racing to contain the deadly New World screwworm after a case was detected in Texas.

The agency is implementing quarantines, movement controls and surveillance in a 12-mile zone around the detection, and has also expedited the release of sterile flies to prevent the pest’s spread.

The move would suspend the annual tariff-rate quota, which would enable more of the product to enter the U.S. at low rates.

The use of so-called alternative marketing agreements between cattle feedlots and meatpackers, instead of open auctions, has long drawn scrutiny.

The Swift Beef plant in Greeley, Colo., will immediately return to normal operations after weeks of uncertainty, JBS said in a statement.