JBS reported third-quarter results on 9 November, with JBS Beef North America returning to positive adjusted EBITDA of US$21 million. JBS USA Pork reported lower revenue and adjusted EBITDA of US$97 million, citing weak domestic and export demand, while Pilgrim's Pride faced pressure from higher U.S. chicken supply.
Results diverge by protein, with beef margins supported by cattle supply and demand while pork and chicken face weaker prices from ample supply. For feed buyers this signals uneven demand for feed across livestock categories.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.