EXPECTATIONS about China imported beef demand next year, and the likely performance of beef exports out of the US and Australia were popular topics raised by analysts during JBS’s third quarter financial results briefing held recently.
JBS’s Australian and US operations contrasted sharply in third quarter results posted earlier, partly driven by contrasting livestock purchase price trends on either side of the Pacific (see earlier report).
Global chief executive Gilberto Tomazoni said due to rapid rises in US livestock prices this…