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Marfrig net profits increase by 149% in Q3

The Brazil headquartered beef and hide producer has reported its third quarter financial results, showing net profit of R$1.7 billion (US$300 million), an increase of 149% on 2020. The net profit for 2021 so far is R$3.7 billion (US$656 million), a growth of 73.3% on 2020.

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Brazilian cattle slaughter up in Q2

A total of 7.72 million head of cattle were slaughtered in Brazil in the second quarter of 2018, -0.2% lower than in the first quarter of the year and +4% higher than in the corresponding quarter of 2017, which was affected by the "rotten meat" operation led by Brazil’s Federal Police.

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