India, April 12 -- JBS USA announced that it has reached a new collective bargaining agreement with UFCW Local 7, allowing the Greeley beef production facility to return to normal operations and providing team members with clarity and stability after weeks of uncertainty. The agreement, which runs through April 2028, reflects the same economic framework JBS USA presented in its Last, Best and Final offer-an offer that remained unchanged economically throughout the bargaining process.

While JBS USA expressed relief that an agreement has been reached, the company voiced disappointment that UFCW Local 7 leadership chose to eliminate the historic pension benefit that was part of the national agreement negotiated last year in partnership with U...