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JBS announced it will acquire Brazilian consumer-products company Flora for $542 million, including the assumption of Flora’s debt. JBS says the purchase will expand its presence in beauty, personal care, nutrition and household cleaning products.
The deal is a corporate expansion into consumer products and does not indicate a material change in agricultural supply, demand or feed-ingredient prices.
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Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.