(JBSs.infoinvest.com.br)

JBS misses estimates as financial expenses soar

Sao Paulo | Reuters — JBS SA, the world’s largest meatpacker, on Monday reported second-quarter income that missed estimates as a spike in net financial expenses and its struggling South American operations weighed on results. JBS reported quarterly net income of 309.8 million reais (C$123.6 million), below a consensus estimate of 603 million reais and








(Photo courtesy Canada Beef Inc.)

Mexico to accept OTM Canadian beef this fall

Mexico will resume “fully normalized” trade in beef products with Canada starting Oct. 1, accepting imports of Canadian beef from cattle over 30 months old (OTMs). The Canadian Cattlemen’s Association and Canadian Meat Council announced the move in separate releases Tuesday, following a joint statement by Mexican President Enrique Pena Nieto and Prime Minister Justin



(Photo courtesy Canada Beef Inc.)

Korea’s temporary ban on Canadian beef lifted

South Korea’s temporary ban on imports of Canadian beef and veal, imposed after Canada’s discovery of a 19th case of BSE in February, has been lifted as of Wednesday. Agriculture Minister Lawrence MacAulay and Trade Minister Chrystia Freeland announced the Korean government’s decision Thursday. South Korea had re-imposed its ban on Canadian beef after the

cattle on a pasture

McDonald’s makes progress with sustainable beef pilot project

McDonald’s is looking for cattle producers throughout Canada to 
participate in pilot project looking at the sustainable production

McDonald’s Canada representatives may soon be visiting Manitoba cattle farms as the company moves forward with a pilot program designed to increase the amount of beef it sources from sustainable suppliers. “This verification program is open to anyone across Canada who wants to participate. We have had some interest from Manitoba already. One Manitoba producer