JBS SA is Building a Lab-Grown Meat Plant

The facility will produce about 1,000 metric tons of cultivated meat per year, with capacity to expand output to 4,000 tons, JBS said Wednesday in an emailed statement.

Friboi Debuts Two Premium Canadian Beef Brands in Brazil

March 31, 2023 JBS

Friboi, a JBS company leader in the beef segment in Brazil, has just carried out the first ever importation of Canadian beef into Brazil. The unprecedented move will enable the debut of two new premium brands from JBS Canada in the Brazilian market: Canadian Diamond Black Angus and Canadian Diamond Beef. The new products will be marketed by Friboi to customers in retail and food services.

World’s Biggest Beef Maker JBS Hires Global Sustainability Chief

Jason Weller, who most recently led Truterra, the agricultural sustainability business at farm cooperative Land O’Lakes Inc., is tasked with getting the Brazil-based meat behemoth to its goal of net-zero greenhouse gas emissions by 2040. 

Meat Packers’ Profit Margins Jumped 300% During Pandemic – White House Economics Team

December 31, 2021 Andrea Shalal, Reuters

Four of the biggest meat-processing companies, using their market power in the highly consolidated U.S. market to drive up meat prices and underpay farmers, have tripled their own net profit margins since the pandemic started, White House economics advisers said.

Meat Giant JBS to Enter Fish Market With $314M Huon Deal

August 10, 2021 Sybilla Gross, Bloomberg

JBS SA, the world’s biggest meat producer, is expanding into the fish business by acquiring Australian salmon producer Huon Aquaculture Group for A$425 million ($314 million).