JBS in deal to buy Cargill’s pork farms and packing plants

The giant Brazilian meatpacker JBS, a relative newcomer to North America, will buy the pork operations of agribusiness rival Cargill for $1.45 billion, the companies announced. The deal is subject to antitrust review. In the transaction, JBS USA would acquire Cargill processing plants in Ottumwa, Iowa, and Beardstown, Illinois; five feed mills in Missouri, Arkansas, Iowa and Texas; and… » Read More

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