EBITDA was R$11.7 billion (US$2.23 billion), with a margin of 13.7%. The company reported that North America drove the results this quarter, with strong domestic and export demand, supporting historically high meat prices in the U.S. and Canada.

JBS also reported that exports of Canadian and U.S. beef grew substantially year-on-year, driven primarily by shipments to China, which bought nearly a third of the company’s meat exports in Q2-2021.