Marfrig boosts production with an eye on demand in Q4
Marfrig, Brazil's second-largest beef company, is increasing production in order to meet growing domestic demand, especially in food services, says the vice president of investor relations. "The use of our production capacity has been increasing gradually since April. Production has fluctuated between 10,000 and 12,000 head of cattle a day," says João Sampaio.
The company says that the use of its production capacity has increased from 75% earlier this year to 80% at the moment. The increase has come at the same time the company has increased its slaughter capacity, reactivating three units - in Porto Murtinho (Mato Grosso do Sul state), Pirenópolis (Goiás state), and Tucumã (Pará state).
The company's cattle slaughter capacity is now 4.18 million head a year. Including its units in Argentina, Chile and Uruguay, it is 5.4 million head a year.
Information provided by Reuters