Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.
JBS Invests $100 Million in New RTE Bacon and Sausage Facility
JBS USA has announced plans to expand its operations in Ankeny, Iowa, by opening the largest ready-to-eat bacon and sausage facility in its portfolio.
The company has agreed to purchase a 186,000-square-foot production facility formerly owned by Hy-Vee. JBS intends to convert the space into a fully cooked bacon and sausage production plant and is looking to hire former Hy-Vee staff for the new operation.
"Today’s announcement aligns with our long-term strategy of...
JBS Q1 2025 Net Profit Up 50% on Pork, Poultry Gains
Brazilian meat company JBS reported a 50.5% increase in net profit in the first quarter of 2025 reaching 2.92 billion reais ($521 million). Revenue rose 8.5% to $19.5 billion.
The company said strong results in its pork and poultry operations offset continued weakness in North American beef. Seara, its Brazil-based unit, reported an EBITDA margin of 19.8%, while the North American beef business posted a negative 1.6% EBITDA margin, despite net sales up by 16%.
Beef margins were pressured by record cattle...
FEATURED STORIES
Women in Food and Agriculture Summit 2026 to Unite Industry Leaders
ANALYSIS: Fresh 90s Ranges Drop Into Competition With Imported 90% Items
ANALYSIS: EU Egg Market Tightens Amid Widespread Bird Flu Outbreaks
ANALYSIS: HPAI Turkey Update — Week of October 5, 2025
ANALYSIS: Cage-Free Market Steadies as Retail and Bird Flu Spur Renewed Buying