Jamieson reported financial results for the second quarter of fiscal year 2007, with net earnings of $5 million on sales of $164.4 million, compared to net earnings of $8.5 million on sales of $196.8 million in the second quarter of the previous fiscal year. The decline in sales and earnings was due to the absence of a drought assistance program that had benefited sales in the previous year, as well as weaker market conditions impacting the pork and cattle industries in both the US and Canada. The CEO expressed confidence in the company's ability to overcome challenges in the current market environment.