date:Jun 04, 2019
rade volumes outside of pork are expected to rise for chicken, beef, seafood and even plant-based alternatives leading to a surge in revenue for related suppliers.
The surge in business for the Brazilian meat market is a recovery from losses in 2017, when BRF was one of the companies embroiled in a food fraud scandal, causing demand for Brazilian beef to take a battering.
In July 2018, BRF set a target of raising BRL 5 billion (US$1.28 billion) through the sale of assets as part of restructur