JBS Sees US Cattle Cycle Improving from Late 2027

U.S.-based beef-packers will continue to reel from low cattle availability for about three or four quarters, with gradual improvements of the U.S. cattle herd happening gradually from late 2027, JBS managers said on Thursday.

In remarks made after releasing second quarter results, the world's largest meat company said other factors affecting its U.S. beef operation, which accounts for about a third of its net sales, include the U.S. closure of its border with Mexico in May due to a flesh-eating parasite...

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