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
With record grain harvests and rising global ethanol demand, leaders across the ag and energy sectors are pushing for year-round E15 sales to mitigate the strain on grain trade.
Pork producers warn that proposed definitions of “ultra-processed” food in guidelines from the “Make America Healthy Again” plan could negatively impact industry-standard bacon, sausage, and feed practices.
Concerns over Chronic Wasting Disease are fueling a long-standing legal battle between Minnesota regulators and deer farmers. The case could soon reach the state’s Supreme Court with broader implications for agriculture.
The National Cattlemen’s Beef Association (NCBA) and Public Lands Council (PLC) are praising the passage of a bill to delist gray wolves as an endangered species by the U.S. House last week.
Recent USDA export sales data show China has been active in the U.S. market, but analysts tell RFD-TV News that the timing is a key clue.
In Minnesota, a legal and legislative battle has reached a tipping point. For over a decade, the state’s Department of Natural Resources (DNR) and the private deer-farming industry have been locked in a dispute over the management of Chronic Wasting Disease (CWD).