UPDATE 2-Brazilian company confirms Russia beef ban, extent still unclear [Reuters]
BRF S.A. (BRFS)
Last brf s.a. earnings: 11/11 04:01 pm
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Source: Reuters
Brazilian company confirms Russia beef ban, extent still unclear | Reuters Reuters Staff 3 Min Read SAO PAULO/BRASILIA (Reuters) - Brazilian beef processor Minerva SA said on Tuesday that Russian authorities have temporarily suspended beef imports from Brazil, although Brazilian authorities had yet to confirm the extent of broader restrictions by Russia. Russia’s agricultural safety watchdog Rosselkhoznadzor said on Monday it would place temporary restrictions on imports of pork and beef products from Brazil starting Dec. 1, after the country discovered the feed additive ractopamine in some shipments. Minerva said in its statement Brazilian beef will be redirected to other markets, while Russian demand will be met by Minerva units in Paraguay, Argentina, and Uruguay. Brazil’s Agriculture Minister Blairo Maggi said on Monday that ractopamine was allowed in some countries but not Russia. According to company statistics, Russia received 6.6 percent of Minerva’s beef exports in the 12 mon
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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
- 4/19/24 - Form 20-F
- 4/19/24 - Form 6-K
- 4/19/24 - Form 6-K
- BRFS's page on the SEC website