Brazil’s JBS sees strong demand for meat in U.S.

REUTERS/Ueslei Marcelino
REUTERS/Ueslei Marcelino

Brazil’s JBS, the world’s largest meatpacker, sees “very strong” demand for beef, pork and chicken in the U.S., said the president of JBS USA, Wesley Batista Filho on Thursday during the firm’s third quarter earnings report

   Reuters

This is helping the company deal with tight margins in the beef segment, as a period of reduced cattle supply in the U.S. is making beef more expensive, he told analysts.

 
 
 “Strong demand for chicken and well-balanced grain prices indicate a continuation of the positive cycle for this sector”
 
 
 

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