JBS Earnings Are Coming. Rising Beef Prices and Tight Supply Are in Focus.

1. JBS forecasts $21.9 billion revenue and $564 million net income for Q3. 2. High cattle costs caused JBS’s North America beef unit to post $300 million losses. 3. Pilgrim’s Pride, JBS's chicken arm, reported increases in revenue and earnings. 4. Tight beef supply and strong chicken demand are key market focus areas. 5. Trump's call for DOJ investigation into meatpackers could impact the market.