Quick Take — JBS, the world’s largest meat producer, has appointed a new CEO

Wesley Batista Filho (pictured below), aged 34, is set to take up the role at the global food conglomerate in January, the São Paulo-based group announced on Monday
Batista Filho, who currently heads the company’s US division, is the son of former JBS CEO Wesley Batista and the grandson of its founder, José Batista Sobrinho. JBS’s US unit is the largest in terms of sales…

In Italy, it owns Rigamonti and King’s Group, which, through the King’s and Principe brands, operates in more than 20 countries and is the market leader in the production of Prosciutto di San Daniele PDO. The group also produces Prosciutto di Parma D.O.P., GranSpeck and Prosciutto Veneto D.O.P.

The share price of JBS, which is listed in the United States,fell by 5.8 per cent on Monday. …

On Monday, JBS reported a net loss of $102 million for the second quarter. Its revenue rose by 14 per cent to $23.9 billion.

JBS has long been criticised for its environmental policy.

Written on 13 August, updated on 15 August 2026

Quick Take — The 6 best bresaolas from the supermarket

… How to recognise good bresaola

A high-quality bresaola generally has a uniform red colour, with possible slight variations depending on the cut and the curing process. The slices should be firm, springy and tender to the bite, without being dry, sticky or stringy.

On the nose, the aroma should be delicate, with notesof matured meat and well-integrated spices. On the palate, the savouriness should complement the flavour of the meat without overpowering it. Less impressive examples, on the other hand, tend to have overpowering aromas, a texture that is either too moist or too dry, and an excess of salt that masks all other nuances…

The top 6 are: Conad, Salumificio Panzeri, Flli. Beretta, Ghiotto, Consilia and Rigamonti (JBS).

Is PepsiCo cutting the prices of its snacks by 15 per cent? That means its profit margins were too high (like many manufacturers)

The PepsiCo case confirms what was already known: many major brands have inflated their prices and margins in recent years. Not least because a 15 per cent drop suggests they had plenty of ‘room for manoeuvre’. PepsiCo was the world’s second-largest food producer in 2023, behind Nestlé and ahead of the Brazilian meat producer JBS.

JBS: skyrocketing meat prices in the US amid use of anti-obesity drugs and increasing protein consumption

The anti-obesity molecule revolution is challenging the model of the industry giants, which could lose up to USD 90 billion in the US by 2031. As a result, multinationals are trying to switch to Europe and a more protein-rich offer. And US restaurants – given the level of meat inflation – are struggling and reducing staff and portions of their dishes

JBS, the Brazilian meat giant, is set to benefit from the treaty between Europe and Mercosur

Great attention should be paid to safeguard clauses and reciprocity agreements, but the EU-Mercosur agreement should not be held up as a scapegoat against which to vent one’s frustration at problems in the sector that actually have an entirely different cause: first and foremost, the low profitability of the agricultural sector compared with the rest of the economy