SAO PAULO Oct 10 Brazil's BRF, the
world's largest poultry exporter, is weighing the possibility of
importing corn from the United States as local supplies remain
tight, Chief Financial Officer Alexandre Borges said on Monday.
Brazil's official biosafety commission CTNBio last week
cleared the entrance into the country of certain varieties of
U.S. genetically modified corn, paving the way for Brazilian
poultry and pork processors to import it to feed animals.
"We are still evaluating (U.S. corn imports), but we see as
a positive development the fact they opened up this
possibility," Borges told reporters after meeting investors and
analysts in Sao Paulo.
BRF is still studying several aspects related to the import
procedure, Borges said. But as the supply shortage continues in
Brazil, the local poultry and pork industry is likely to import
the U.S. corn, he said.
"We continue to see a tight supply in the short term. This
window to buy U.S. corn could help to relief this tightness,"
(Reporting by Paula Laier; Writing by Marcelo Teixeira; Editing
by Ana Mano and Paul Simao)