BRIEF-JBS Sees Strong Global Demand For Corn, Expects Prices To Rise

- JBS JBS.N:

  • JBS SEES BRAZIL FULLY COMPLYING WITH EUROPEAN UNION REQUIREMENTS FOR COMMODITY EXPORTS

  • JBS BELIEVES BRAZIL WILL PROVIDE NECESSARY CLARIFICATION TO EU, REACH AGREEMENT FOR TRADE TO CONTINUE

  • MEXICO BORDER REOPENING FOR FEEDER CATTLE 'THE MOST IMPORTANT THING THAT COULD HAPPEN IN SHORT TERM' TO GET SOME RELIEF ON U.S. BEEF SUPPLY

  • JBS SEES GLOBAL DEMAND FOR CORN VERY STRONG, EXPECTS PRICES TO RISE DUE TO WEATHER, FERTILIZER COST PRESSURE

  • JBS WELL POSITIONED TO DEAL WITH GRAIN PRICE VOLATILITY, PREPARED INCLUDING FOR POSSIBLE REDUCTION IN BRAZIL'S SECOND CORN CROP

  • DEMAND FOR BEEF AND ALL PROTEINS IN BRAZIL REMAINS STRONG

  • WITH BRAZIL REACHING ITS QUOTA FOR BEEF EXPORTS TO CHINA, CATTLE PRICES MAY DECREASE AND FAVOR SALES IN DOMESTIC MARKET

  • FOCUS THIS YEAR IS ON CASH GENERATION, WE ARE NOT LOOKING FOR A NEW PROJECT IN OUR PORTFOLIO

Source text: [ID:]

Further company coverage: Z98.F