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 indicat...
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