BRF food sales fell in January
The Brazilian food giant cited lower income and rising inflation as the cause
24 February 2022
1 minute read
By: Lorival Luz, chief executive officer of Brazilian poultry and pork processor BRF SA, said on Wednesday that food sales fell in January to levels below those projected by the company amid a challenging operating environment in its home market, reported Reuters.
Luz, who was discussing fourth-quarter results with analysts on Wednesday, did not elaborate on volumes. He said weak food sales in the beginning of the year reflects falling family incomes and rising inflation in Brazil.
Melanie Epp
Melanie Epp is a freelance agricultural journalist from Ontario, Canada.
