Lower diesel prices ease cost pressures for pork, poultry processor BRF

Diesel costs rose 57% in Q2
calendar icon 12 August 2022
clock icon 1 minute read

BRF SA, the Brazilian poultry and pork processor, forecast diesel fuel prices falling in the second half of 2022 after a rise of almost 57% in diesel costs for the company in the second quarter, reported Reuters.

During a conference call to discuss earnings, chief executive Lorival Luz said overall, the cost of inputs such as grains used as livestock feed will tend to stabilise. In the second quarter, BRF was able to raise product prices, which partly offset a rise in costs, management said.

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