AT THE time when US beef processor margins are in rapid decline due to cattle shortage after extended drought, processing giant JBS is highlighting its geographic and species spread around the world as a distinct hedge advantage over price and supply cycles.
Speaking to analysts after the company delivered its full-year results last week (see earlier Beef Central story) JBS global chief executive officer Gilberto Tomazoni highlighted the company’s species spread around the world.
The company is now the world’s largest beef producer, world’s largest poultry producer, and second…
