JBS selling cattle feeding operation in Canada

JBS selling cattle feeding operation in Canada

Northern AG

JBS S.A. announced July 14 that its indirect subsidiary JBS Food Canada Inc. (JBS Canada) has reached an agreement to sell its 75,000 head capacity beef cattle feedyard Lakeside Feeders and adjacent farmland in Brooks, Alberta, Canada, to MCF Holdings Ltd. (MCF), a subsidiary of livestock-base agricultural business Nilsson Bros. Inc., for $50 million CAD (approximately US$40 million).

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