JBS misses profit estimates on eroding beef margins
Adjusted profit from JBS’s North American beef unit plunged almost 80% from a year ago.
Source: feedstuffs.com
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Top Meat Producer JBS Misses Profit Estimates on Eroding Beef Margins
(Bloomberg) -- JBS SA, the world’s largest meat producer, posted third-quarter profit that missed analysts’ estimates as earnings from its North American beef business tumbled.Most Read from BloombergWall Street Divided Over Just How Aggressive Fed Cutting Will BeUBS Strategists See Far Deeper Fed Rate Cuts Than What Markets Are PricingChina Weighs Ending Freeze on Boeing With 737 Max Deal in USIsrael Latest: Biden Says Gaza Hospital ‘Must Be Protected’Sunak Fires Braverman and Names David Camer
Source: yahoo.com
Beef Remains Bullish - AG INFORMATION NETWORK OF THE WEST
Strong fundamentals continue to build as the Beef Market touches contract highs once again.
Source: aginfo.net