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Cattle Market Update

From Steve Kay, editor and publisher of Cattle Buyers Weekly. Catch a roundup of each week’s cattle-market activity every Friday afternoon! View the market review now!

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Pilgrim’s Pride Receives Early Antitrust Clearance 

Pilgrim’s Pride Corp. today announced that it has received early antitrust clearance from the Federal Trade Commission (FTC) and Department of Justice for the company’s previously announced stock purchase agreement with JBS USA Holdings Inc. (JBS U.S.A.), a subsidiary of JBS S.A....

JBS USA delays IPO 

Brazilian meat processor JBS S.A. will wait until January to make an initial public offering of its U.S. unit -- Greeley-based JBS USA -- to give it time to close its acquisition of Pilgrim's Pride Corp. and complete its merger with Bertin S.A., a former Brazilian competitor....

Redefining the industry 

America's beef cattle industry has conjured up many male macho images in its long history. Think The Marlboro Man or John Wayne. Yet it's also been notable...

JBS Versus JDB? 

Brazilian beef giant JBS SA is set to announce as soon as next week the acquisition of Texas-based Pilgrim's Pride Corp. for a price of roughly $2.5 billion, say people familiar with the matter. ...

Concentration pro & con 

Whether market concentration is the chicken or the egg, the tail or the dog, it continues to increase. That's no secret. Benefits from this concentration...

JBS juggernaut 

Who are these guys? was the question many asked when Brazil's JBS SA bought Swift & Company two years ago. Its purchase brought JBS out of obscurity as...

Brazilian Beef Producer JBS May Sell Shares in U.S.  

JBS SA, the world’s biggest beef producer, said its U.S. unit plans to sell shares to be listed on the New York Stock Exchange....

Recession Affects Value of Weight, Yield and Quality 

The economy is upside-down and so are determinants of carcass value....

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