Overview

• JBS shares opened at $13.65 on the New York Stock Exchange, valuing the company at roughly $30 billion.
• Joesley and Wesley Batista have returned to JBS’s board and renewed high-level access to President Lula’s government.
• The SEC approved the dual-listing in April despite bipartisan congressional objections to the company’s history of bribery.
• Pilgrim’s Pride’s $5 million donation to the Trump-Vance inaugural committee has drawn scrutiny over a potential quid-pro-quo.
• JBS has pledged full cattle-purchase traceability by 2025 and net-zero carbon emissions by 2040, but critics question its environmental and ethical commitments.