GLOBAL meat processor JBS says the company’s diversification into different regions and animal proteins will play strong dividends, as the US faces a reduction in beef production due to the effects of drought, and higher inflation sets in in some parts of the world.
Delivering an investor briefing last week after presenting its third quarter financials for the period ended 30 September (see results below), JBS global chief executive Gilberto Tomazoni stressed the importance of the company’s global diversification strategy.
“JBS is not just beef in US – in US we have chicken, we…