JBS to sell world’s largest cattle-feeding operation to investment group

Meatpacking giant JBS has agreed to sell Five Rivers Cattle Feeding, the world’s largest feedlot operation, to New York-based Pinnacle Asset Management. Five Rivers feeds 900,000 head in multiple states. This is the second major feedlot sale in a year, and means that none of the three biggest meatpackers — JBS, Tyson, and Cargill — will… » Read More

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