Brazil's BRF faces headwinds amid high feed costs, trade bans [Reuters]
BRF S.A. (BRFS)
Last brf s.a. earnings: 11/11 04:01 pm
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Source: Reuters
Brazil's BRF faces headwinds amid high feed costs, trade bans | Reuters Reuters Staff 1 Min Read SAO PAULO, May 11 (Reuters) - The price of animal feed continued to rise in the second quarter, which increased production costs for Brazil’s BRF SA, Chief Executive Lorival Luz said on Friday during a discussion of the food company’s quarterly results. Luz said the firm faces a tough operating environment, citing trade bans imposed by Russia and Europe on Brazilian meat products, which prompted the company to send workers on paid leave at five plants. Additional measures to tailor capacity to demand could be announced if the European Union officially confirms a ban on 12 BRF plants previously authorized to export to the bloc, he said. (Reporting by Ana Mano Editing by Chizu Nomiyama) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved.
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BRFS
News
- BRF filed its Annual Report on Form 20-FPR Newswire
- Is BRF (BRFS) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
- 22nd Century, Coffee Holding among Consumer Staples movers [Seeking Alpha]Seeking Alpha
- Brf S.A. (NYSE: BRFS) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "sell" rating to a "neutral" rating. They now have a $3.10 price target on the stock, up previously from $1.90.MarketBeat
- Brf S.A. (NYSE: BRFS) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating.MarketBeat
BRFS
Sec Filings
- 4/25/24 - Form 6-K
- 4/19/24 - Form 20-F
- 4/19/24 - Form 6-K
- BRFS's page on the SEC website