The Net Profits of the World’s Largest Meat-Processing Company Have Plummeted 80 Percent

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JBS is the company which owns the contract with C&H Hog Farms.

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Brazil’s JBS S.A., the world’s largest meat-processing company, reported a sharp drop in net profits for the second quarter of 2017. According to the meat-industry website MeatingPlace.com, the company reported a drop of approximately 80 percent in net profits from the same quarter last year.