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Brazil's BRF gets nod to export chicken wings to Canada

Brazil's BRF gets nod to export chicken wings to Canada

· 03/16/2021 12:18
Brazil's BRF gets nod to export chicken wings to Canada

- Brazilian food processor BRF SA BRFS3.SA said on Tuesday Canada has authorized chicken wing exports from two of its plants located in top farm state Mato Grosso.

BRF has been seeking to sell more products to Canada to strengthen its position in developed markets and also shore up competition against domestic rivals including JBS SA JBSS3.SA, which have large operations in North America.

With the approval of the Nova Mutum and Lucas do Rio Verde facilities, BRF now has 15 units authorized to sell chicken products to Canada, which the company considers a key market.

BRF, the world's largest chicken exporter, is also seeking approval to export pork into the Canadian market, the company said in a statement.

In December, the company said it aims to invest about 55 billion reais ($9.87 billion) in the next 10 years to expand the business globally. nS0N2IC01E

As part of the strategy, BRF wants to increase sales of processed products of higher aggregate value.

($1 = 5.5733 reais)


(Reporting by Ana Mano in Sao Paulo
Editing by Matthew Lewis)

((ana.mano@thomsonreuters.com; Tel: +55-11-5644-7704; Mob: +55-119-4470-4529; Reuters Messaging: ana.mano.thomsonreuters.com@reuters.net))