News and analysis for the global poultry industry.

Latin America

BRF-Weak-Flesh-Allegations

Marfrig Global Foods buys 24.23% of BRF

Transaction occurs about two years after the two companies ended merger talks
Marfrig Global Foods has purchased 24.23% of the shares of fellow Brazil-based company BRF, according to notices on each company’s investor relations webpages.
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Papa

BRF halal revenues up nearly 23% in Q1

While volume is down nearly 3%, the average price is up substantially when compared to the same quarter of fiscal year 2020
BRF reported a strong performance for its halal poultry distribution during the first quarter of fiscal year 2021.
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JBS USA headquarters

JBS net revenue grows across the board in first quarter

Seara, Pilgrim’s Pride, JBS USA Beef, JBS USA Pork and JBS Brazil segments all see year-over-year revenue growth
JBS reported a 33% year-over-year improvement in net revenue for the first quarter of fiscal year 2021, with that figure reaching BRL75.3 billion (US$14.3 billion).
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