A senior lawmaker on the House Foreign Affairs Committee is urging the Trump administration to investigate potential national security risks associated with JBS’s attempt to list shares on the New York Stock Exchange.
Representative Joe Wilson (R-SC) says the meat processor’s long list of criminal investigations in the U.S. and Brazil should raise alarm. The allegations include bribery, price fixing, and the purchase of illegally sourced cattle from the Amazon.
JBS is currently finalizing its listing plan, which will be determined by shareholders. It could be on the NYSE next month.
JBS is the world’s largest meat processor.
Related Stories
Escalating U.S.–China tensions threaten soybean demand as farm finances are stretched further.
Farm CPA Paul Neiffer shares his perspective on the uncertain outlook of federal farm relief and the Farm Bill, which may not materialize until the government shutdown ends.
Large animal veterinarian Dr. Rosalyn Biggs with Oklahoma State University warns producers may not be prepared for the real threat of New World Screwworm.
As the government shutdown pushes the farm economy closer to the brink, Sens. Grassley and Ernst of Iowa are raising their voices for agriculture.
Considering raising your own replacements instead of buying bred heifers? Three key factors to consider before investing capital.
Reliable, clearly graded middle meats still anchor demand; programs that deliver consistent eating quality and simple, confidence-building menus capture more repeat visits—and more value—back through the beef chain.
U.S. Senator Joni Ernst (R-IA) joined us on Wednesday’s Market Day Report to share why Ames is uniquely positioned to support expanded USDA operations.
Iowa land values dropped 3% year-over-year. Sen. Chuck Grassley said this discomforting pattern is a harbinger of crisis for farmers, as seen in the 1980s.