JBS S.A. reported earnings results for the third quarter of 2009. For the quarter, the company experienced a 78% drop in profits to BRL 151.50 million (EUR 59 million; USD 88.39 million) The company is predicting improved results in fourth quarter of 2009, due to the recovery in the price of meat when selling to Russia. The company is looking to raise USD 4.50 billion (EUR 3 billion) in the coming months in order to reduce its debt and the debt of Bertin and Pilgrim's Pride, acquired in September 2009. Of the USD 4.5 billion, USD 2.5 billion will be raised through from private capital before the end of 2009 and the remaining USD 2 billion will be raised through an IPO.

JBS S.A. reported earnings results for the second quarter and six months ended June 28, 2009. For the quarter, the company reported net income of BRL 172.7 million or BRL 0.12 earnings per share compared to net loss of BRL 364.4 million or BRL 0.26 per share for the second quarter ended June 30, 2008. Net revenue increased 29.8% to BRL 9.25 billion compared to BRL 7.13 billion in the corresponding period of the prior year. For the six-month period ended June 28, 2009, net loss for the company decreased to BRL 149.9 million or BRL 0.11 loss per share compared to BRL 371.1 million or BRL 0.26 loss per share in the same period of 2008. Net revenue increased to BRL 18.52 billion versus BRL 12.98 billion in the same period of 2008.

JBS S.A. signed a deal with Wal-Mart where by both companies have committed to producing and selling beef in Brazil in a sustainable manner. The two companies will work together to ensure that the beef does not come from land with any type of irregularity, or that breaches the specifications of the Brazilian Environmental Protection Institute (Ibama) or is raised by ranchers who use child labor or anything approaching slave labor. The agreement also includes a commitment to track, identify and control cattle from suppliers in the biome, so that illegal deforestation and timber production are not associated with ranching in the region.