en.Wedoany.com Reported - JBS CEO Gilberto Tomazoni stated at an event in New York that the U.S. reduction of beef import tariffs would benefit both the Brazilian and American markets. The beef markets of the two countries are complementary, and this move helps improve conditions for American consumers, Brazilian ranchers, and American producers.

Tomazoni made the remarks during a trade relations panel discussion at the third Valor Brazil-U.S. Summit. Currently, 50% of JBS's global revenue comes from the United States, where the company has been operating for 20 years, with business covering 31 states.

The U.S. beef market is currently in a cycle of reduced cattle supply for slaughter, with fattened cattle prices rising significantly, putting pressure on the profit margins of processing companies in North America. JBS's global profit decline in the first half of this year was dragged down by operational issues in its North American business. Tomazoni believes that such situations are normal in the industry cycle and need to be managed throughout the entire supply chain.

He pointed out that the meat industry supply chain is long and complex, and rising production costs affect every link from ranchers to retailers. Managing these fluctuations falls within the company's normal operational scope. Geographic diversification is key for JBS to balance such impacts.

Regarding the Middle East conflict, Tomazoni stated that beef supply to the local market has not been interrupted, but the company has adjusted its logistics strategy—switching to domestic transportation methods to reach end consumers. Brazil is a major beef supplier to the Middle East, and although logistics costs have risen, demand has increased simultaneously, with the market covering the additional costs.

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