NEW TRUMP ERA The Yahoo Finance guide to Trump 2.0 Munich - Delayed Quote • EUR JBS SA (YJ3A.MU) Follow Compare 11.20 0.00 (0.00%) As of 8:02:24 AM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations JBS backs away from sustainability officer’s comments on emissions goals JBS CSO Jason Weller had said in an interview that its net-zero target was an “aspiration” rather than a “promise”. Exclusive-Brazilian meatpacker JBS says net-zero emissions pledge was 'never a promise' The world's largest meatpacker, JBS, became in 2021 the first of its peers to commit to cutting or offsetting all its emissions by 2040, and to ending illegal deforestation across its long supply chain that starts in the heart of the Brazilian Amazon. Nearly four years later, Jason Weller, global chief sustainability officer at the company in which the Batista family is the largest investor, told Reuters in a rare interview that its emissions goal was merely an "aspiration." "It was never a promise that JBS was going to make this happen," Weller said about the net-zero emissions pledge. Leading meat processor will pay $4M to counter illegal child labor practices A DOL official praised the remedial steps JBS proposed as “creative and forward-thinking.” JBS signs child labour agreement with US government The new agreement commits JBS to hold its supply chain, third-party contractors and service providers accountable for illegal child labour. Why is Brazilian meat giant JBS investing so much money in Nigeria? JBS said its goal is to “establish a strong partnership and support Nigeria in tackling food insecurity”. JBS to plough $2.5bn into six meat packing plants in Nigeria The Brazil-headquartered protein major is working with the Nigerian government to help boost food security. Eyeing alternatives – meat companies with stakes in meat-free and cell-based meat We present a guide on how meat manufacturers are investing in plant-based and cell-based alternatives. JBS SA (JBSAY) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic Financial ... JBS SA (JBSAY) reports a record $19.9 billion in net revenue and strategic debt reduction, while navigating challenges in North American beef operations and Brazilian cattle prices. Higher Prices Aren’t Hurting Consumers’ Appetite for Beef, JBS Says JBS, the world’s largest meatpacker, said consumers’ appetite for beef isn’t waning despite rising prices. Beef prices have been going up over the past two years after ranchers shrunk the size of their herds because of persistent drought conditions and low profit margins, sending prices for their livestock up. Retail ground beef prices are up more than 35% since the start of 2022, according to the Department of Labor. Brazil's JBS sees strong demand for meat in US 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 call. 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. JBS's global president Gilberto Tomazoni said strong demand for chicken and well-balanced grain prices indicate a continuation of the positive cycle for this sector, and does not expect "major surprises" in grain costs, as the weather has favored soybean and corn harvests. The road to net zero – Big Food’s emissions pledges Our guide to the net-zero emission commitments of the world’s largest food manufacturers. Brazil fines meatpacking companies, including giant JBS, for buying illegally raised cattle Brazil's environmental agency has levied $64 million in fines against 23 meatpacking companies and their suppliers for buying and selling cattle raised illegally on deforested land in the Amazon. It tracked 18,000 head of cattle raised in 100 square miles (260 square kilometers) of pasture that has been banned for commercial use due to illegal deforestation. Cattle raising is the main driver of deforestation in the Brazilian Amazon, with 90% of the total area cleared between 1985 and 2023 converted to pasture. JBS S.A. Secures SEC Approval for Bond Exchanges JBS SA (JBSAY) has released an update. JBS S.A. has announced the approval of its registered exchange offers by the SEC, allowing the company to exchange old bonds for new bonds that will be free of transfer restrictions in the U.S. market. This move involves 13 series of notes totaling significant amounts, with interest rates and maturity terms remaining the same. The exchange offers will expire on November 25, 2024, offering a strategic opportunity for investors to engage with JBS’s financial JBS SA (JBSAY) Q2 2024 Earnings Call Highlights: Strong Revenue Growth and Improved Margins JBS SA (JBSAY) reports robust financial performance with significant margin improvements and strategic advancements in its global operations. McDonald’s sues major beef producers for price-fixing In May, as McDonald’s continued to swat down lingering rumors that the chain was asking an exorbitant $18 for a Big Mac meal at locations across the country, company president Joe Erlinger wrote an open letter to Golden Arches customers, attempting to explain the inflationary pressures contributing to increased prices. He cited rising labor, food and paper costs among the factors affecting the price diners paid for their burgers, fries and sodas. Erlinger denied that McDonald’s price hikes were McDonald’s sues Tyson, JBS and other beef producers for allegedly fixing prices The fast food giant, which is the world's largest buyer of beef, alleges major meat companies conducted illegal acts to drive down supplies. US union accuses meat giant JBS of human-trafficking violations The UFCW has also lodged worker abuse complaints at JBS, which refutes all off the allegations made in a union report. JBS accused of abusing immigrant workers at Colorado beef plant As many as 500 French-speaking immigrants were allegedly subject to human trafficking and forced to pay hundreds of dollars for poor living conditions, job applications and transportation. JBS partners with US firm in scheme to turn animal waste into energy GreenGrassUSA will collect, process and trade biogas – a fuel made of methane – at three JBS plants. Judge in Brazil orders slaughterhouses to pay for Amazon reforestation A judge in the Brazilian state of Rondonia has found two beef slaughterhouses guilty of buying cattle from a protected area of former rainforest in the Amazon and ordered them, along with three cattle ranchers, to pay a total of $764,000 for causing environmental damage, according to the decision issued Wednesday. It is the first decision in several dozen lawsuits seeking millions of dollars in environmental damages from the slaughterhouses for allegedly trading in cattle raised illegally in a protected area known as Jaci-Parana, which was rainforest but is now mostly converted to pasture. Performance Overview Trailing total returns as of 1/20/2025, which may include dividends or other distributions. Benchmark is IBOVESPA Return YJ3A.MU IBOVESPA YTD -3.45% +1.04% 1-Year +35.42% -4.78% 3-Year +17.35% +12.52%