Posted 11/16/2012 07:42 (#2699999 - in reply to #2699869) Subject: RE: JBS and grass fed beef from Brazil
"The cost of raising an animal in the United States is twice the cost of raising an animal in Brazil. So, they are reducing the size of their herd," Batista said, adding that the outlook for Brazilian beef production was extremely positive.
Batista said he expects a favorable cycle for the company's Brazil operations until 2015 as the number of cattle available for slaughter grows. The country has the world's biggest commercial herd of more than 200 million head.
The company slaughters nearly 12 million of the 40 million head of cattle that Brazil kills annually.
Magazine articles are rarely worth the time it takes to read them.