SAO PAULO (Reuters) -Brazilian food processor BRF SA is hopeful China and Europe will resume buying chicken products “in a matter of days or weeks” as local authorities controlled a bird flu outbreak that triggered trade bans in the second quarter. In a conference call about BRF’s quarterly results, management also noted lower grain prices, […]
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Brazil’s BRF expects China, Europe to resume chicken imports
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SAO PAULO (Reuters) -Brazilian food processor BRF SA is hopeful China and Europe will resume buying chicken products “in a matter of days or weeks” as local authorities controlled a bird flu outbreak that triggered trade bans in the second quarter.
In a conference call about BRF’s quarterly results, management also noted lower grain prices, corn in particular, will reduce production costs and widen margins during the third and fourth quarters.
(Reporting by Ana Mano; Editing by Chizu Nomiyama )