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). 

Meat Giant JBS Adds New Law Head After Facing Antitrust Scrutiny

April 23, 2021 Brian Baxter, Bloomberg

JBS SA, the world’s largest meat supplier, said Tuesday it hired Kevin Arquit for a new global legal role within its executive leadership team.

Owners of Meatpacker JBS To Pay $ 280M Fine Over Foreign Bribery Charges

October 16, 2020 SYLVAN LANE, The Hill

The Brazilian parent company of meatpacking conglomerate JBS SA has agreed to pay more than $ 280 million in fines to the Justice Department and Securities and Exchange Commission (SEC) to settle charges it violated federal anti-corruption laws.