BRF: Weather-related port disruptions hurting exports
Two ports BRF uses to export meat and poultry out of Brazil have been compromised due to inclement weather.
Stormy weather caused recent interruptions to operations at two Brazilian ports, and that hindered the amount of pork and poultry that BRF was able to export, the company’s CEO said.
BRF CEO Pedro Faria said during an investors conference that May exports of meat products would be 25,000 metric tons as a result of those port interruptions.
The affected ports are at Itajaí, in Santa Catarina state and at Rio Grande, in Rio Grande do Sul state, near the border with Uruguay.
BRF, which ranks in the top 5 globally as both a pig producer and poultry processor, operates on an international scale, with its products reaching more than 110 countries, according to the WATTAgNet Top Poultry Companies Database. It is also a top compound feed manufacturer.
UPDATE 1-Brazil's BRF says problems in ports may cut poultry, pork exports