JBS bullish despite challenging outlook for US beef business
Cattle remains scarce in the US
27 March 2025
1 minute read
By: JBS, the world's largest meat company, said cattle remains scarce in the US, affecting the outlook of its beef business in the country where the company derives most of its sales, Reuters reported.
While the operating environment seems more challenging than in 2024, management sees room for margins of this particular division to improve by 1 or 1.5 percentage points in the next quarters.
