Brazil’s BRF taking time to cross on grain prices to meat costs

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Brazil’s BRF taking time to cross on grain prices to meat costs


SAO PAULO, Aug 13 (Reuters)Brazilian meals processor BRF SA BRFS3.SA stated extra time is required for product costs in Brazil to totally replicate increased grain prices that weighed on its ends in the second quarter, CEO Lorival Luz instructed analysts in an earnings name on Friday.

After posting a web lack of 240 million reais ($46 million), additionally reflecting increased monetary bills within the interval, BRF shares fell by some 3% in morning buying and selling. {nL1N2PJ2OZ]

($1 = 5.25 reais)

(Reporting by Ana Mano)

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