JBS Sells Canadian Cattle Feeding Business for $40 Million

JBS Sells Canadian Cattle Feeding Business for $40 Million

Wyatt Bechtel

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JBS has announced the sale of a feedlot and neighboring farmland near Brooks, Alberta, to MCF Holdings Ltd. (MCF) for approximately $40 million ($50 million CAD). The Lakeside Feeders yard has a capacity of 75,000 head and JBS took ownership of the feedlot in 2013, forming JBS Food Canada.

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