WITH the US beef industry now descending into challenging times due to constricted livestock supply and rapidly climbing cattle prices, Australia is providing a safe set of hands for global protein giant, JBS.
Analysts involved in JBS’s half-year investor briefing on Friday were told that Australia was a great example of positive benefit in JBS’s global diversification strategy, by geographic region and protein type.
“The second quarter (ended 30 June) figures from JBS Australia show we are already capturing the benefit of a greater supply of cattle in Australia, which is reflected…
