Tyson Foods Stops Buying Canada Slaughter Cattle As Costs Rise

Tyson Foods Inc said it halted purchases of slaughter-ready cattle from Canada as of mid-October due to higher costs associated with mandatory country-of-origin (COOL) labeling, a company spokesman said on Thursday.

Tyson, the biggest meat processor in the United States, will continue buying Canadian feeder cattle that are finished for market at U.S. feedlots, Tyson Foods spokesman Worth Sparkman said in an email.

"Like many others in the North American beef industry, we're very disappointed by the changes made in the U.S. country of origin labeling rules,"

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