Commodity prices steer agribusiness company fortunes
Declining rates benefit meatpackers while pressuring grain firms 06/25/2024 JBS CEO Gilberto Tomazoni — Foto: Divulgação The fluctuating prices of agricultural commodities have had varied impacts on agribusiness companies during the latest financial reporting season. A decline in soybean and corn prices alleviated feed costs, boosting margins for meatpackers, whereas grain producers faced adverse effects. […]
