Brazil's BRF sees healthy margins on recovering meat prices, lower grain costs

BRF SA

27/02/2024 13:43

SAO PAULO, Feb 27 (Reuters) - Brazilian food processor
BRF  BRFS3.SA  will maintain healthy margins in the first
quarter of 2024 thanks to an ongoing recovery in meat prices and
lower grain costs, executives said on Tuesday during a call with
analysts to discuss quarterly results.
    BRF, which broke a 7-quarter losing streak and posted a net
profit for the final quarter of 2023, reiterated export markets'
outlook is positive as multiple BRF plants have recently
received permission to sell products abroad to various
countries. 

 (Reporting by Ana Mano)
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