The move comes days after JBS agreed to form a US$2.5 billion joint venture with Indonesia’s Danantara.
Maple Leaf Foods retained its 2026 revenue and earnings forecasts despite revenue falling short of market expectations.
Master Kong’s ready-to-drink tea and instant noodle businesses recorded higher margins as the company expanded product innovation and sustainability initiatives.
JFC’s international operations, franchising strategy and strong performances in Vietnam and North America supported growth as the group adjusted its 2026 outlook.
These factors have created significant challenges for growers across the continent, with Poland and France experiencing the most severe impacts.