JBS Wants to Take Over Your Omelet Look, we’ve been talking about eggs a lot lately. Not because we’re secretly running a backyard poultry operation (yet), but because eggs have gone from a rather forgettable item in your grocery cart to a full-blown asset class. Prices have been swinging like a meme stock, shortages are becoming the norm, and now JBS—the world’s largest meat producer and a company that has never met an ESG controversy it didn’t like—has decided it wants to get into this wild egg game. WHAT HAPPENED Mantiqueira Brasil, South America’s biggest egg producer, just sold half of itself to JBS. The deal gives JBS its first crack (sorry) at the egg business and provides Mantiqueira with a financial backer with deep pockets and, let’s say, an adventurous approach to compliance. The plan? Expand into the U.S. market by any means necessary—acquiring American egg producers, forming partnerships, or just setting up shop from scratch. The timing here is impeccable. The U.S. egg market has been in chaos thanks to bird flu wiping out supply, which has led to record-high prices. Domestic egg producers like Cal-Maine Foods have been making bank on the volatility, but now international players want in on the action. And since JBS already dominates the poultry industry, it figures eggs are a logical next step. After all, the two businesses share a lot of the same supply chain inputs—grain, logistics, government subsidies, and, well, chickens. But JBS is not just any food giant.
The Meyers Report - Think Tank Group’s Post
More Relevant Posts
-
On 11th March 2024, Tyson Foods, the top US meat-producing company based in Arkansas, and the world’s second-largest producer of meat from cows, pigs, and chickens, announced it will close a pig flesh processing plant in Perry, Iowa, US. Reuters reported that the plant is set to close on 28th June. The facility will be the ninth to close since early 2023 because of softening demand for meat and poultry. The company’s pig flesh business has struggled with high grain costs but may be recovering. However, because of high prices, consumer demand for meat products in general has not increased as usual, so companies such as Tyson, Smithfield Foods and JBS Foods have offset losses by cutting costs within their operations. Since the beginning of last year, Tyson alone has announced the closure of eight facilities, which include six chicken plants and two case-ready meat processing plants, being the Perry facility its ninth.
-
📢 Meat Industry Trends: Red Meat Up, Poultry & Eggs Down Curious about the latest shifts in the protein market? This article dives into the current red meat outlook, why poultry and egg prices are facing challenges, and what it means for the industry. At KASCO, we’re committed to staying informed about the trends that impact our customers in the meat industry. What’s your take on these changes? Let us know in the comments! #meatindustry #news #tends #meatprocessing #foodindustry #foodprocessing #manufacturer #manufacturing #butcher #butchery #butchering
-
Affordable and nutritious chicken is essential for low-income households, but what challenges does the poultry industry face in keeping prices down? Francois Baird, founder of the FairPlay Movement, explains.
-
Co-founder & COO of Global Food Partners IHelping food & hospitality businesses implement their cage-free egg policies across Asia, and reduce the cost of cage-free sourcing
Cal-Maine Foods, Inc.the world's largest egg producer, is investing $40 million in cage-free expansion. Asian egg producers, take note! Here's why this move is significant: 1. Cal-Maine is replacing retired caged facilities with five new cage-free layer houses, adding capacity for 1 million layers. 2. They're also partnering with contract growers to increase free-range layers by 1.2 million. 3. This expansion aligns with growing customer demand and evolving state requirements for cage-free eggs. As a co-founder of Global Food Partners, I see this as a clear signal for Asian egg producers. The shift towards cage-free is not just a trend, it's the future of our industry. Why Asian producers should follow suit: • Consumer awareness about animal welfare is rising globally, including in Asia. • Major Asian food companies are making cage-free commitments. • Early adopters will have a competitive advantage as markets evolve. • Transitioning now allows for gradual, cost-effective implementation. At GFP, we're here to support Asian egg producers in this transition. From technical expertise to innovative financing solutions, we're committed to making cage-free production accessible and profitable in Asia. The cage-free revolution is happening. Will you be leading the change or playing catch-up? https://lnkd.in/gTNvkDDU #CageFreeEggs #AsianEggIndustry #SustainableAgriculture #AnimalWelfare #GlobalFoodPartners
-
Broiler Industry Provides 1.4 Million Jobs and $450 Billion in Economic Impact: New Study The U.S. Poultry & Egg Association (USPOULTRY), National Chicken Council, National Turkey Federation and United Egg Producers have released an updated economic impact study that highlights the positive impact the poultry industry has on jobs, wages, and federal and state revenue in the United States. The study breaks down poultry into three subcategories: broilers, turkey and eggs. The broiler industry provides 1,375,952 jobs, $90.9 billion in wages, $449.5 billion in economic activity and $36.7 billion in government revenue...Read More>>> https://buff.ly/48ByDEn #FeedMills #BulkMaterialHandling #SiloConstruction #SlipFormConcrete #CementSilo
-
GERMANY: More pigs were slaughtered again. Pork production in Germany has been declining for years. In the first half of 2024, the trend reversed. For the first time in eight years, more pigs were slaughtered in Germany than in the same period last year. 21.9 million animals killed in the first half of 2024 represented an increase of 0.4 percent, according to the Federal Statistical Office. The amount of pork produced rose by 1.1 percent to 2.1 million tons. Before that, the number of pigs slaughtered had been declining since 2016, partly due to changes in eating habits. In the first half of 2016, 7.4 million more pigs were slaughtered and a good 660,000 tons more pork were produced than in the same period in 2024. Pork continues to account for the majority of German meat production at 62 percent. The quantities of beef (+2.5 percent) and poultry (+1.3 percent) also increased in the first half of the year. The total quantity grew by 1.3 percent to 3.4 million tons of meat. https://lnkd.in/dXhhEVeq #pork #porkmarket #swinefarming #swine #meat #meatmarket https://lnkd.in/dXhhEVeq
-
-
Experienced in Financial Reporting | Inventory Management | G/L Accounting | Thinking shrink | The Big Picture
Always happy to see growth, progress and innovation leading to betterment. Its even more so rewarding when it happens in the Halal food industry. I see companies like Maple Lodge Farms become a giant in the chicken processing space, but they too started somewhere....Companies like Seargent Farms who is doing well in the Halal food market....but they too started somewhere..... Amir Quality Meats Inc. is doing great things and they've started their take off! As the Finance Manager at the Brampton Board of Trade, I witness first hand on the daily how business prosperity spurs economic growth. Businesses like Amir Quality Meats, like MLF, like Seargent Farms...these types of businesses are the backbone of our economy and when they prosper, and when they succeed, the economy gets stronger. When the economy is strengthened, we all benefit. Let's support businesses like these.....there are so many local businesses out there...and let's help our economy grow from within.
The Amir Specialty Poultry Groundbreaking marks an important milestone in the Canadian Halal meat processing industry. Coldbox Builders is proud to collaborate with Amir Specialty Poultry, a distinguished family-owned company, on this significant expansion. The project will transform their facility from 15,000 square feet to an impressive 80,000 square feet—representing a fivefold increase in capacity. This achievement reflects a shared commitment to excellence and innovation in food processing. We look forward to supporting Amir Specialty Poultry on future ventures and furthering the impact of their exceptional work. #ColdboxBuilds #foodprocessing #coldboxconstruction #ProjectShowcase #AmirMeats #AmirSpecialtyPoultry #Halal #halalmeat
-
Curious about the current state of the #meat industry? Our free webinar on The National Provisioner next week will help you strategize for the coming year.
What is the current marketplace status for meat, poultry, seafood and alternative protein products — and what does the market look like as we get ready to enter 2025? Join us at 2 p.m. EST on Nov. 19, 2024, for a broad-based look into the current state of the proteins market by registering for The National Provisioner’s 2024 State of the Industry Webinar, featuring insights from Circana experts. https://brnw.ch/21wOA3o #webinar #MeatIndustry #protein #StateOfTheIndustry #ConsumerTrends
-
The Amir Specialty Poultry Groundbreaking marks an important milestone in the Canadian Halal meat processing industry. Coldbox Builders is proud to collaborate with Amir Specialty Poultry, a distinguished family-owned company, on this significant expansion. The project will transform their facility from 15,000 square feet to an impressive 80,000 square feet—representing a fivefold increase in capacity. This achievement reflects a shared commitment to excellence and innovation in food processing. We look forward to supporting Amir Specialty Poultry on future ventures and furthering the impact of their exceptional work. #ColdboxBuilds #foodprocessing #coldboxconstruction #ProjectShowcase #AmirMeats #AmirSpecialtyPoultry #Halal #halalmeat
-
Since investing in Orbem, we’ve been deep into the poultry market—and the broader livestock industry—tracking opportunities and innovations in this critical sector. We're currently investing in a livestock technology company that will service JBS and many other livestock owners especially as it relates to tracking and preventing abnormalities among livestock. But what’s most important is one of our broader thesis: de-risking food insecurity. With inflation, H5N1, and supply chain challenges reshaping the food industry, investments like JBS’s stake in Mantiqueira Alimentos make a lot of sense. What are your thoughts on this play by JBS? Are we going to see more diversification across the protein market? I'm curious to hear your thoughts.... JBS Mantiqueira Brasil Orbem https://lnkd.in/esFFkjqq
