Brazil beef giant eats into U.S.

• Story Highlights
• NEW: JBS also planned to acquire Smithfield's beef business, WSJ reports
  
• NEW: Deals would make JBS the largest meat processor in the U.S., WSJ reports
  
• Deal means "more geographically diversified company," says USPB CEO
  
• National Beef processed almost 4 million head of cattle last year
  
• Next Article in World Business »