$JBS

The EU suspended imports of Brazilian poultry, beef, eggs, honey, and other animal products due to non-compliance with antimicrobial rules. The suspension, effective September 3, 2026, impacts major exporters like JBS and Minerva, with Brazil losing access to a market worth USD 1.8 billion annually. The EU cites Brazil's inability to prove compliance, while Brazil argues the move is protectionist. The UK is assessing the situation separately.

Civil society groups in Nigeria protested a $2.5B investment deal between the government and JBS, a global meat-processing company. They demand transparency and safeguards to protect farmers, communities, and the environment. The investment aims to modernize Nigeria's livestock sector, create jobs, and boost food production.

The European Union has blocked $2 billion in Brazilian meat, poultry, fish, and other products due to antibiotic oversight concerns. Brazil disputes the timing and criteria, threatening WTO action. Poultry and honey may resume within weeks, but beef could take two years. The freeze coincides with unresolved EU-Mercosur trade pact negotiations.

Shares of JBS and Tyson Foods fell 1.4% and 1.5% respectively after President Trump's executive order allowing ranchers to process their own beef. The order also includes measures to protect cattle herds and require country of origin labeling for imported beef.

JBS, controlling 82% of Pilgrim’s Pride (PPC), proposed a non-binding offer to buy the remaining 18% shares. The deal, valued at $28.49 per share, requires approval from PPC’s board and shareholders. If completed, PPC would delist from Nasdaq. JBS cited PPC’s growth and global presence as reasons for the bid.

The EU suspended Brazilian beef imports starting September 3 due to antibiotic concerns, affecting $1.8B in annual trade. Meanwhile, the US allowed 300,000 metric tons of Brazilian beef trimmings over 90 days to reduce domestic prices. JBS, a major meatpacker, met with Trump before the US decision, raising questions about influence.

Joesley Batista, co-owner of JBS, met with President Trump to discuss lowering U.S. beef import tariffs, according to the Wall Street Journal. Trump subsequently announced a temporary easing of beef tariffs to help lower prices. Reuters could not verify the report.

President Trump proposed regulatory changes to empower ranchers to process their own meat, aiming to challenge the dominance of large meatpacking firms. The move, announced on social media, follows record beef prices and USDA data showing four firms control 85% of cattle procurement. Tyson Foods and JBS shares fell over 2.5% in premarket trading. The USDA also allocated $500 million in aid for smaller beef producers. The policy aims to increase competition and potentially lower beef prices, with

President Trump signed an order temporarily easing tariffs on lean beef trimmings to lower consumer prices, exempting up to 100,000 tons per month for 90 days. The White House stated this aims to address supply challenges while protecting U.S. ranchers. The move drew criticism from ranchers and GOP lawmakers, citing potential harm to domestic producers. Tyson Foods and JBS shares fell following the announcement.

JBS N.V.'s Global CFO & Investor Relations Officer, Guilherme Cavalcanti, sold all his shares, totaling $2.5m at $13.85 per share. This is the largest insider sale in the past year. Insiders own 0.6% of the company, worth $85m. Recent insider activity suggests caution for potential investors.