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Slaughterhouse closures spread after the cyberattack on meat producer Business and Economic News JBS SA’s cyberattack on the world’s largest meat producer has forced the closure of a number of slaughterhouses around the world, and there are signs that the closures are spreading. JBS’s five largest cattle factories, which handle 22,500 cattle a day, have suspended meat processing, Facebook company messages, workers and unions have reported following an attack on the company’s computer networks on Sunday. According to a trade group, killing operations in Australia had already been suspe...

A cyberattack on JBS SA, the world’s largest meat producer, has forced the shutdown of some slaughterhouses globally, and there are signs that closures are spreading. JBS’s five biggest U.S. beef plants, which combined handle 22,500 cattle a day, have halted meat processing, according to company Facebook posts, employees and labor unions, following the Sunday attack on the company’s computer networks. Slaughter operations in Australia had already been halted, according to a trade group, and one of Canada’s largest beef plants was idled for its second day on Tuesday. The prospect of ...

A cyber attack on JBS SA, the world's largest meat producer, has forced some slaughterhouses around the world to close, and there are signs that the closure

By Bloomberg News (Bloomberg) — China is clamping down on some corn imports amid concern that overseas purchases have spiraled out of control, prompting several feed mills to cancel their U.S. cargoes. Chinese customs authorities are restricting imports into free trade zones, which aren’t counted toward an official annual purchase quota, according to people with knowledge of the matter. Total U.S. corn cancellations are estimated to be less than 1 million tons, said two of the people, who asked not to be identified as the matter is private. The increased scrutiny by Beijing over its corn...

By Javier Blas and Michael Hirtzer Cargill Inc., the commodity superpower that’s the largest private U.S. company, is emerging as one of the biggest winners of the boom in global agricultural markets as it barrels toward its most profitable year ever in its 156-year run. The company made almost $4.3 billion in net income during the first nine months of its fiscal year, according to data released by the trading house to tap the bond market. That figure already surpasses its best ever total annual profit. Many in the market suspected that Cargill was performing well in the commodity boom, but...