JBS to reopen most operations after cyberattack shut all its US beef plants

JBS Foods, the world’s largest meat supplier, said it has made “significant progress in resolving the “cyberattack” that shutdown all of its US beef plants on Tuesday, easing fears of further meat price increases. 

The “vast majority” of the company’s plants are expected to reopen on Wednesday, JBS USA CEO Andre Nogueira said in a statement Tuesday evening. But even one day’s disruption could affect wholesale beef prices, analysts warned.