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JBS feedlot assets worth a lot more than what RFM deal signalled

Jon Condon, 23 July 2018

Figures disclosed in the recent sale and leaseback deal involving JBS Australia’s feedlots and grainfed cattle secured by investor, Rural Funds Management should not be interpreted as representing the full commercial value of the feedlot assets.

JBS Australia and Rural Funds Management announce feedlot supply partnership

Jon Condon, 12 July 2018

Australia’s largest meat processor JBS Australia and investment fund Rural Funds Management have announced an agreement this morning that will see RFM buy and lease back JBS’s five Australian feedlots, and under a separate deal, provide finance for all cattle on feed.

Aus beef feels global protein upheavals: JBS

James Nason, 20 June 2018

Chinese tariffs on American pork, a massive cow cull in New Zealand and a three-week trucking strike in Brazil may seem a long way from Australian cattle paddocks, but are recent examples of seemingly unrelated factors that can impact Australian beef export sales.

JBS launches new Hereford brand under Great Southern stable

Jon Condon, 22 December 2017

JBS Australia will launch a new Hereford breed-specific beef brand in January, under the company’s Great Southern Farm-Assured program.

JBS aims high in food safety performance under new global head, Al Almanza

Jon Condon, 28 September 2017

Australia was the first port of call for JBS’s new global head of food safety, Al Almanza, after he joined the world’s largest meat processor last month. Why was that?

JBS’s second quarter performance shows little sign of Brazil’s recent dramas

Beef Central, 15 August 2017

JBS’s global operations appear to have been little affected by the dramatic events in Brazil surrounding major shareholders, the Batista family, and broader industry corruption allegations, with solid overall financial performance reported for the company’s second quarter this morning.

JBS announces plan to sell its Five Rivers US feedlot business

Jon Condon, 20 June 2017

In the latest development in the series of dramatic events surrounding crisis-riddled global processor JBS, the Brazilian parent company has announced plans to sell its Five Rivers feedlot business in the US – the largest lotfeeding operation in the world.

JBS slashes Brazilian processing capacity in wake of market crisis

Jon Condon, 25 March 2017

JBS has cut meat processing capacity in its Brazilian operations by up to 35pc, in the latest washout from the country’s rapidly escalating meat inspection crisis.

JBS’s global footprint pays off in solid full-year financial result

Jon Condon, 17 March 2017

The diversified global nature of JBS’s operations paid dividends with a set of solid results reported for the company’s full financial year. Whereas a year earlier, JBS’s Australian business was one of the star performers, the company’s US beef operations are now benefiting from greater access to slaughter cattle and lower US cattle prices.

JBS shuts Longford lamb operations for a month

Terry Sim, 24 February 2017

JBS Australia will shut lamb production at its Longford, TAS plant for at least four weeks from next week as tight supplies and high prices cut red meat processor margins across Australia. It’s been a recurring theme in both beef and lamb processing operations in the recent past.