Carlos Caminada and Flavia Lima
Bloomberg
JBS SA, the world’s biggest beef supplier, plans to finance as many as 4,000 Brazilian cattle producers to help them fatten calves faster in feedlots after supplies dwindled and prices surged.
JBS aims to have as much as 350 million reais ($222 million) in outstanding loans by 2011, Jose Geraldo Dontal, the head of a new JBS finance unit, said in a Bloomberg Television interview. The loans will fund investments in feedlots, he said.
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