"Environmental groups are outraged that the world’s biggest meatpacking company,.
JBS, which has long been linked to Amazon’s deforestation,
has received approval from US authorities to list on the New York Stock Exchange.
The decision, announced on Tuesday by the Securities Exchange Commission,.
follows reports that JBS subsidiary Pilgrim’s
was the biggest donor.
to the inauguration committee of Donald Trump. "
"The joint listing is expected to raise the value of the multinational, which started as a family business and grew globally with the support of Brazil’s national development bank.
Almost half of its revenue now comes from the United States, .
where it sells household brands including Pilgrim’s, Moy Park, Seara and Primo..
It also has a significant presence in Australia and strong sales in Europe and China." .
'JBS has been linked to deforestation on multiple occasions, and the New York attorney general, Letitia James, filed a lawsuit last year accusing the company of misleading consumers with its climate goals in an effort to increase sales.".
"By almost every metric, a company like JBS has a detrimental impact on society.
Allowing it to list on the world’s largest stock exchange – unlocking vast opportunities for expansion and profit – shows the deep failures of the US financial regulatory system.
This decision is a disaster for both people and the planet,” said Alexandria Reid of Global Witness, an environmental justice organization."
"recent Federal Election Commission filing revealed JBS subsidiary Pilgrim’s made the largest single donation of
$5 million to Trump’s inaugural committee for his second term."
___
"JBS USA is based in Greeley, Colorado.
Its competitors include Hormel Foods, Cargill, Smithfield Foods, National Beef, and Tyson Foods"
live animals were driven across overhead ramps to the killing floors. Swift processed fresh, smoked, table-ready, canned meats, such as PREM, and baby foods, .
along with soap, lard, shortening, adhesives, chemicals, pharmaceuticals, fertilizers, hides and animal feeds.
In addition to meatpacking, Swift sold various dairy and grocery items, including Swiftning shortening, Allsweet margarine, Brookfield butter, cheese under the Brookfield, Pauly, and Treasure Cave brands, and Peter Pan peanut butter. .
Swift began selling frozen turkeys under the Butterball brand in 1954. Gustavus Swift also championed the refrigerated railroad car.
https://en.wikipedia.org/wiki/JBS_USA
"the 1960s, Swift expanded into other fields, including insurance and petroleum,
and formed the holding company Esmark in 1973. Two years later, Esmark bought International Playtex
from Meshulam Riklis' Rapid-American Corporation. Esmark sold off
Globe Life Insurance to the Ryan Insurance Group in 1977.
Esmark left the petroleum business in 1980, selling Vickers Petroleum to Mobil,
while Swift's fresh-meat business was spun off as a separate company, Swift Independent Packing Company (SIPCO), the same year..
Esmark went on to purchase Norton Simon Inc. in 1983 before being purchased by Beatrice Foods .
the next year. ConAgra purchased 50% of SIPCO in 1987 and the remaining portion in.
1989, the same year ConAgra bought Beatrice Foods.".
July 12, 2007, JBS purchased Swift & Company in a US$1.5-billion, all-cash deal. The acquisition made the newly consolidated .
JBS Swift Group the largest beef processor in the world. ..
"December 2006, six of the company's meat-packing facilities in Colorado, Nebraska, Texas, Utah, Iowa, and Minnesota were raided by U.S. Immigration and Customs Enforcement officials, resulting in the apprehension of 1,282 undocumented immigrants from Mexico, Guatemala, Honduras, El Salvador, Peru, Laos, Sudan, and Ethiopia, and nearly 200 of them were criminally charged "
The company pledged to eliminate illegal deforestation, including in the threatened Cerrado region, from its supply chains by 2030
"March 2024, New York Attorney General Letitia James sued JBS USA for violating the state's general business laws on deceptive practices and false advertising. ..
JBS subsidiary Pilgrim’s
was the biggest donor.
to the inauguration committee of Donald Trump. "
"2022, JBS agreed to a $52.5 million settlement without admission of wrongdoing in a lawsuit brought by grocers and wholesalers, which .
accused JBS, National Beef, Cargill, and Tyson of
working together to drive up the price of beef..
In 2024, McDonald's Corporation sued JBS and the same three other companies along with their subsidiaries for alleged price fixing."..
'JBS benefited from trade tensions with increased sales in China. JBS stated that despite being a foreign company,
it supports American farmers by creating job opportunities. In May 2019, Representative Rosa DeLauro from Connecticut claimed that President Donald Trump was unaware of the situation."
____
"On 5 June 2022, he and Brazilian Bruno Pereira, an expert on indigenous peoples of Brazil, .
went missing in the remote Javari Valley in the far western part of the state of Amazonas in Brazil,.
one of the most remote zones in the rainforest. .
On 14 June,
Amarildo da Costa da Oliveira allegedly confessed to shooting and killing Phillips and Pereira and led police to the men's bodies the following day.
https://en.wikipedia.org/wiki/Dom_Phillips
"Phillips wrote about politics, poverty and cultural development in Brazil. From 2014 to 2016 he contributed to The Washington Post, where he covered Brazil's preparations for the 2014 FIFA World Cup and the 2016 Summer Olympics. .
He reported on deforestation in Brazil, leading an investigation by The Guardian and the Bureau of Investigative Journalism of
Large-scale cattle ranches established on cleared forest land.
His coverage of illegal deforestation in the Amazon
was nominated for the 2020 Gabo Award for Journalistic Coverage and was a finalist for the Vladimir Herzog Prize that same year."
"Phillips and Brazilian Bruno Pereira, an expert on indigenous peoples of Amazonas,
received death threats for helping to protect the people from illegal drug traffickers, miners, loggers, and hunters.."
'The Amazon rainforest, spanning an area of 3,000,000 km2 (1,200,000 sq mi), is the world's largest rainforest. .
It encompasses the largest and most biodiverse tropical rainforest on the planet, representing over half of all rainforests. .
The Amazon region includes the territories of nine nations, with Brazil containing the majority (60%), followed by Peru (13%), Colombia (10%), and smaller portions in Venezuela, Ecuador, Bolivia (6%), Guyana, Suriname, and French Guiana.'
https://en.wikipedia.org/wiki/Deforestation_of_the_Amazon_rainforest
_____
the year 2022 around 26% of the forest was considered as deforested or highly degraded.According to the Council on Foreign Relations, .
300,000 square miles have been lost.
Cattle ranching in the Brazilian Amazon has been identified as the primary cause of deforestation,.
accounting for about 80% of all deforestation in the region
https://www.theguardian.com/us-news/2025/apr/24/jbs-nyse-listing-pushback-amazon-deforestation-climate
JBS subsidiary Pilgrim’s was the biggest donor to the inauguration committee of Donald Trump. Since taking power, Trump has reduced the independence of the SEC and other agencies, demanding their work be “controlled” by the president.
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